Growth of total productivity of the factors, innovation and spillovers from advanced business services

Almenar-Llongo, Vicent; de-Prat, Javier Muñoz-; Maldonado-Devis, Mónica

doi:10.1080/1331677x.2023.2172739

Cited by 2 publications

(2 citation statements)

References 71 publications

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“…Qu et al, 2022). Different types of enterprises can make tax incentives work differently for R&D investment, with some scholars arguing that tax incentives are more effective for highproductivity enterprises than for low-productivity enterprises by productivity (Almenar-Llongo et al, 2023). Some scholars argue that tax incentives are more effective for non-state-owned enterprises than for state-owned enterprises when differentiated by whether they are state-owned enterprises or not (C. Zhang et al, 2021).…”

Section: Literature Reviewmentioning

confidence: 99%

Tax Incentives, R&D Investment, and Employment Absorption: Evidence from Chinese Technology-Based SMEs

Mao

2024

Sage Open

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This paper investigates the mechanisms of tax incentives and R&D investments on employment absorption, constructs a panel data model with a sample of 4,255 Chinese technology-based SMEs, and adopts a random effect model for empirical evidence after various tests. The research results show that tax incentives and R&D investments of technology-based SMEs positively affect their employment absorption. The positive effect not only exists in the current period but also remains valid in the next period. R&D investment, operating profit margin, and remuneration have more significant positive impacts on employment absorption, while we should pay attention to control and reduce overhead costs. Finally, this paper gives corresponding suggestions and countermeasures from three levels: government, enterprises, and society.

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Section: Literature Reviewmentioning

confidence: 99%

Tax Incentives, R&D Investment, and Employment Absorption: Evidence from Chinese Technology-Based SMEs

Mao

2024

Sage Open

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“…Research on KIBSs is primarily centered on industries driven by companies seeking KIBS support [13][14][15][16][17][18][19]. This research spans the regional and national levels [20][21][22] and has been conducted over several years, examining various types of innovations. Additionally, research has been conducted on the mediating role of sustainable innovation in the green economy related to the energy and resource sectors [23][24][25][26].…”

Section: Introductionmentioning

confidence: 99%

Identifying the Role of Knowledge-Intensive Business Services in the Korean Economy as a Sustainable Innovation Tool Using Input–Output Analysis

Shin

2024

Sustainability

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This study aimed to determine the role of KIBSs as a tool for sustainable innovation in a country’s economic system. Specifically, the degree and role of their impact on the Korean economy were analyzed and compared for the entire KIBS sector, T-KIBSs (a new technology-based professional service), P-KIBSs (a traditional professional service), and every subsector. For this purpose, the demand inducement model, supply inducement model, and interlinkage effects method were applied using the 2019 input–output table published in 2022. The analysis showed that the indirect production inducement effect of the entire KIBS industry on other industries was KRW 0.800, the indirect added value inducement effect was KRW 0.330, and the supply disruption effect was KRW 1.144. For T-KIBS, the indirect production inducement effect was KRW 0.687, the indirect added value inducement effect was KRW 0.272, and the supply disruption effect was KRW 0.730. For P-KIBSs, the indirect production inducement effect was KRW 1.472, the indirect added value inducement effect was KRW 0.646, and the supply disruption effect was KRW 2.657. Finally, regarding the economic ripple effect of the KIBS subsector, legal and management support services and advertisements corresponding to P-KIBSs showed higher figures than the T-KIBS subsectors in all sectors, including production inducement, the added value inducement effect, and the supply disruption effect. These results revealed that in the South Korean economic system, KIBSs contribute to production and value addition across all industrial sectors. It is apparent that the absence of supply significantly disrupts other industries. Furthermore, production inducement effects are evenly distributed among all the KIBS subsectors in the secondary and tertiary sectors, while the value-added effects have a greater impact on the tertiary sector. In terms of the supply shortage effects, the secondary sector experiences a more significant impact. This underscores the crucial role of KIBSs in sustaining and enhancing overall economic activity in South Korea.

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Growth of total productivity of the factors, innovation and spillovers from advanced business services

Cited by 2 publications

References 71 publications

Tax Incentives, R&D Investment, and Employment Absorption: Evidence from Chinese Technology-Based SMEs

Tax Incentives, R&D Investment, and Employment Absorption: Evidence from Chinese Technology-Based SMEs

Identifying the Role of Knowledge-Intensive Business Services in the Korean Economy as a Sustainable Innovation Tool Using Input–Output Analysis

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