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US Policy Towards Entrepreneurship and Innovation (view source)
Revision as of 18:17, 12 November 2015
, 18:17, 12 November 2015→Feedback on the Innovation Promotion Act
===Feedback on the Innovation Promotion Act===
Executive Summary
The Act, as written has a broad scope in terms of qualified property and gross receipts, and has three potential normative economic justifications.
The first normative economic justification is in stimulating innovation. Other Acts (Patent Act, R&D tax credits, etc.) share this justification. This Act’s incentives are not sufficiently orthogonal and are less clearly coupled to desired activity as compared with pre-existing legislation that this economic justification would likely be better pursued by extending pre-existing legislation or developing new legislation.
== Acts reported on by the Senate Committee on Small Business and Entrepreneurship ==
