Title: Stimulating technological innovation through incentives: Perceptions of Australian and Brazilian firms
Abstract: Highlights - Perceptions of Australian and Brazilian firms on incentive programs are studied.
- Direct incentives are perceived as critical for increasing innovation capabilities.
- Tax incentive and infrastructure development schemes are the most preferred ones.
- Effectiveness of incentive programs is marginal in fostering firms' innovation.
Abstract
Innovation has been the main driver of economic growth as it plays an increasingly central role in firm performance. Incentivising innovation by governments is essential to stimulate investment by companies, covering part of their RD (b) Where tax incentive and infrastructure development schemes are the most preferred incentive programs among the firms; (c) However, despite the former two findings, effectiveness of existing incentive programs has been marginal in fostering innovation significantly in the studied countries. These findings imply that Australian and Brazilian governments should further focus on the design, promotion, and delivery methods of the innovation support mechanisms.
Publication Year: 2017
Publication Date: 2017-06-08
Language: en
Type: article
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Cited By Count: 4
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