Research and Development both have an important role for increasing productivity, as well as for the innovative capability of an economy. For some time, there has been discussion on how an indirect support through tax incentives can complement the existing support measures. For this purpose, a view towards the neighbouring states is worthwhile, since during the last years, different measures to support research and development through specific tax incentives have gained importance in many countries.

You can read the entire contribution to this topic in the current edition of the ZEW Growth and Business Cycles on page 10. (Only in German)

Further contributions within this edition:

  • Economic Outlook Germany: The Risks Have Grown,
  • Sentiment and Expectations Are Tarnishing For Service Providers Close to Companies,
  • Structural Reforms in the EU and Their Consequences
  • Effects of Educational Reforms
  • US Mortgage Market Crisis and the Central Banks’ Reaction