Tax Credits and Small Firm R&D Spending
NBER Working Paper No. 20615
---- Acknowledgments ----
Previously circulated as "Do Tax Credits Affect R&D Expenditures by Small Firms? Evidence from Canada." The Department of Finance, Canada generously provided data for this study. All views expressed herein are solely those of the authors and do not reflect the opinions or positions of the Department of Finance or the National Bureau of Economic Research. This research was funded by the Centre for Innovation and Entrepreneurship at the Rotman School of Management, University of Toronto and the Social Sciences and Humanities Research Council of Canada. We thank our colleagues at the University of Toronto, Boston University, and the Department of Finance, Canada for their advice and assistance. We also thank Iain Cockburn, Greg Leiserson, Jim Poterba, Nirupama Rao, Michael Salinger and two anonymous referees for their comments. Errors remain our own.