Hall, Bronwyn H. (ed.), 'Tax Policy for Innovation', Innovation and Public Policy (Chicago, IL, 2022; online edn, Chicago Scholarship Online, 22 Sept. 2022), https://doi.org/10.7208/chicago/9780226805597.003.0006, accessed 17 Dec. 2023. 1. Impact of Taxation on Innovation: Main Idea: Taxes affect how much companies and individuals innovate. Higher taxes can lead to less innovation. Study by Akcigit et al. (2018): This research found that in the …

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