Corporate patents, R&D success, and tax avoidance

摘要: It is well known that research and development (R&D) tax policies are written to encourage firm innovation, a crucial driver of business growth. However, evidence on the effectiveness benefits for innovation largely anecdotal empirical examination influence firm-level taxation still underexplored. In this study we use an archival design assess implications corporate avoidance. Based large sample patent data from 1987 2010, find that, average, both firm’s productivity (using counts) quality citations) positively associated with its avoidance level. Nevertheless, success R&D investment, in terms output per dollar, not Our informative debate about credit reform, such as establishing ‘patent box’ regime purpose spurring conduct commercialization program.