Show simple item record

dc.contributor.authorMacDonald, Christy
dc.date.accessioned2009-08-25 15:41:42 (GMT)
dc.date.available2009-08-25 15:41:42 (GMT)
dc.date.issued2009-08-25T15:41:42Z
dc.date.submitted2009
dc.identifier.urihttp://hdl.handle.net/10012/4595
dc.description.abstractIn this dissertation, I explore the effect of tax incentives on where U.S. multinationals decide to locate their innovative activities worldwide. Research and development (R&D) tax incentives offered by foreign countries and differences between U.S. and foreign tax rates provide opportunities that may influence where multinationals decide to locate their innovative activities. Using firm-level patenting data that identifies the country-specific location of innovations from 1986 to 2000, I examine the relation between innovative activities performed in a foreign country and these tax incentives using the Heckman (1979) two step estimation approach. I find evidence that the foreign percentage of innovative activities is associated with the attractiveness of foreign R&D tax incentives and with an increase in the effect of U.S. R&D allocation rules. In addition, the results suggest that firms in excess foreign tax credit positions decrease the amount of R&D activities in a foreign location with increased foreign tax rates, consistent with income shifting incentives. In contrast, I find that the firms in deficit foreign tax credit positions increase their foreign R&D activities with increasing foreign tax rates. This study is the first to examine and provide evidence of the influence of foreign R&D tax incentives and income shifting incentives on a U.S. multinational’s decision on where to locate R&D activities.en
dc.language.isoenen
dc.publisherUniversity of Waterlooen
dc.subjectpatentsen
dc.subjecttax incentivesen
dc.subjectmulti-jurisdictionalen
dc.subjectinnovative activitiesen
dc.titleMulti-Jurisdictional Tax Incentives and the Location of Innovative Activitiesen
dc.typeDoctoral Thesisen
dc.pendingfalseen
dc.subject.programAccountingen
uws-etd.degree.departmentSchool of Accountancyen
uws-etd.degreeDoctor of Philosophyen
uws.typeOfResourceTexten
uws.peerReviewStatusUnrevieweden
uws.scholarLevelGraduateen


Files in this item

Thumbnail

This item appears in the following Collection(s)

Show simple item record


UWSpace

University of Waterloo Library
200 University Avenue West
Waterloo, Ontario, Canada N2L 3G1
519 888 4883

All items in UWSpace are protected by copyright, with all rights reserved.

DSpace software

Service outages