Mohnen, PierreLokshin, Boris2017-10-242017-10-242009https://hdl.handle.net/2445/116965We take a critical look at how to assess the effectiveness of R&D tax incentives. The net welfare gain is shown to be sensitive to a certain number of parameters. In particular, the deadweight loss associated with level-based tax incentives depends on the ex-ante R&D level. We report on the success of a past policy changes and simulate the effect of various parameter changes in the existing Dutch R&D tax incentive scheme. We show that this policy is more effective for small firms than for large firms. We end with a discussion of the pros and cons of volume-based versus incremental R&D tax incentives.34 p.application/pdfengcc-by-nc-nd, (c) Mohnen et al., 2009http://creativecommons.org/licenses/by-nc-nd/3.0/es/Incentius fiscalsRecerca industrialAnàlisi cost-beneficiTax incentivesIndustrial researchCost effectivenessinfo:eu-repo/semantics/workingPaperinfo:eu-repo/semantics/openAccess