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- W1577497243 abstract "Innovative development of the country requires the production of an effective financial mechanism, including both direct and indirect methods of regulation. As a tax incentive of innovation in countries with developed market economies there are used measures such as tax exemptions and tax holidays, widely applicable in the Russian practice. At the same time, Russia does not use tax incentives to attract highly qualified innovative sector. For cross-country comparisons of investment attractiveness of the innovation sector and the effectiveness of innovation policy, the price elasticity of tax changes, the marginal effective tax rate and the B-index are used as measures. An important condition for promoting innovation development becomes an incentive of increasing share of private sector financing, in comparison with government financing. In conditions of economic decrease most governments reduced budget directed for innovation development programs and have become more widely use methods of tax regulation." @default.
- W1577497243 created "2016-06-24" @default.
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- W1577497243 date "2012-01-01" @default.
- W1577497243 modified "2023-09-27" @default.
- W1577497243 title "Financial Incentive Strategy of Innovative Development in Countries with Developed Market Economies" @default.
- W1577497243 hasPublicationYear "2012" @default.
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