Research and Development

    Research and Development

    Showing 1 – 20 of 103 results

    Working paper graphic

    Should there be lower taxes on patent income?

    Working Paper

    A “patent box” is a term for the application of a lower corporate tax rate to the income derived from the ownership of patents. This tax subsidy instrument has been introduced in a number of countries since 2000. Using comprehensive data on patent filings at the European Patent Office, including information on ownership transfers pre‐ and post‐grant, we investigate the impact of the introduction of a patent box on international patent transfers, on the choice of ownership location, and on invention in the relevant country.

    25 July 2018

    Article graphic

    Offshoring high-skilled workers is not a zero-sum game

    Comment

    Multinational firms outsourcing or offshoring their operations to developing countries is a problem as old as globalisation. This column looks at the effect on high-skilled labour in the home country. It presents evidence that, on average, when firms start employing high-skilled workers offshore, they also increase the number of this type of worker employed at home.

    15 March 2012

    Article graphic

    China is investing rapidly in skills and science: UK should do the same

    Comment

    China has experienced unprecedented investment in skills and science, which has resulted in rapid growth in innovative outputs. New evidence suggests that Chinese inventors have the capacity to engage in research at the technology frontier. Such trends have fuelled widespread concerns over Western economies' ability to maintain their dominance in knowledge creation and high skill employment. However, innovation is not a zero-sum game; the success of China need not be at the expense of the West.

    5 September 2011