THE IMPACT OF THE 150 PER CENT TAX CONCESSION FOR INDUSTRIAL RESEARCH AND DEVELOPMENT IN AUSTRALIA — A PRELIMINARY ASSESSMENT
By Larry Dwyer
The paper has two main objectives. First, it provides the background and rationale for Australia’s introduction of the 150 per cent tax concession for IR&D in order to appreciate some of the problems of its implementation. Secondly, it assesses the effectiveness of the concession in promoting IR&D. The latter requires estimation of the impact of the concession on the user cost of IR&D and the responsiveness of the demand for IR&D to changes in its user cost.
page: 316 – 332
Prometheus: Critical Studies in Innovation
Volume 7, Issue 2