Tax Incentive Schemes For R&D – A Solution For The Romanian Economy
AbstractThis study aims to examine what are the most efficient designs for a tax incentive scheme for Romania. We also investigated the relationship between the level of economic development and the R&D intensity in the European Union States. Our results suggest that the policy making authorities should focus on facilitating private investments in R&D, and especially on specific fiscal incentive schemes for SMEs. These schemes are important and efficient because they, by supporting enterprise’s real needs, are not distorting the markets, thus facilitating and supporting R&D projects with very specific needs, with a more appropriate timing of the projects. After a complex description and analysis of ten examples of good practice in EU, we found out that an efficient scheme for R&D activities in Romania should focus on R&D expenses, containing both capital and current expenses, a benefit in form of an additional deduction for eligible R&D expenses, a flat rate system and size differentiation.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Spiru Haret University, Faculty of Management Brasov in its journal Review of General Management.
Volume (Year): 16 (2012)
Issue (Month): 2 (November)
Contact details of provider:
Web page: http://www.spiruharet.ro/facultati/facultate.php?id=7
More information through EDIRC
R&D; Tax incentives; SMEs; European Union; Knowledgebased economy;
Find related papers by JEL classification:
- E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy
- H32 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - Firm
- I22 - Health, Education, and Welfare - - Education - - - Educational Finance; Financial Aid
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Victor LAVRIC, 2013. "The Dynamics Of R&D Human Resources In Romania Within The European Context," Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 7(1), pages 259-267, November.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (George Maniu).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.