Raffaele Spallone

Prepared by:
Iversen, Eric, Bernhard Dachs, Bianca Poti, Parimal Patel,
Giovanni Cerulli, Raffaele Spallone, Georg Zahradnik, Mark
Knell, Thomas Scherngell & Fredrique Lang, NIFU (Norway),
AIT (Austria), IRCRES (Italy), SPRU (UK)


This report provides a new analytical look at the internationalisation of business R&D investments in Europe. The focus is primarily on the period following the financial crisis, 2009-2013. In light of European priorities (Europe 2020 strategy… Visualizza altro

Prepared by:
Iversen, Eric, Bernhard Dachs, Bianca Poti, Parimal Patel,
Giovanni Cerulli, Raffaele Spallone, Georg Zahradnik, Mark
Knell, Thomas Scherngell & Fredrique Lang, NIFU (Norway),
AIT (Austria), IRCRES (Italy), SPRU (UK)


This report provides a new analytical look at the internationalisation of business R&D investments in Europe. The focus is primarily on the period following the financial crisis, 2009-2013. In light of European priorities (Europe 2020 strategy and Research and Innovation as sources for renewed growth (Com (2014) 339), the overarching aim of this report is to improve the evidence base for R&I policy making in this area. To this end, the report uses current data from Eurostat (ESTAT) on the internationalisation of business R&D expenditures in Europe. This report describes and analyses the internationalisation of business R&D investments in the EU-28 and the wider context of the European Research Area. Meno dettagli

In this article, we aim at a better understanding and measuring of the importance of R&D tax incentive as a driver of R&D investments of MNEs. Using data both at sectoral and country level, we develop two counterfactual exercises to provide evidence on the effects of R&D tax relief on MNEs’ inward R&D business investments (Inward BERD): a matching and a continuous-treatment econometric model. In this counterfactual perspective, we compare Countries with a tax incentive scheme for R&D and… Visualizza altro

In this article, we aim at a better understanding and measuring of the importance of R&D tax incentive as a driver of R&D investments of MNEs. Using data both at sectoral and country level, we develop two counterfactual exercises to provide evidence on the effects of R&D tax relief on MNEs’ inward R&D business investments (Inward BERD): a matching and a continuous-treatment econometric model. In this counterfactual perspective, we compare Countries with a tax incentive scheme for R&D and countries that do not have this kind of policy in action during the period 2000–2013. Results show that the effect of the R&D tax incentives on Inward BERD is positive, with an initial flat region and a steeper one starting at a dose around 40%, which corresponds to a tax incentive ratio on Total BERD of 6.8% (tax rate relief). The positive and statistically significant pattern starts however from a dose around 65% onwards, which corresponds to an 11.1% of tax relief. This result shows a relatively low sensitivity of Inward BERD to the R&D fiscal regime, except for the case of a high and thus costly incentive intensity.
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