R&D Tax Incentives: How Do They Impact Portuguese Start-ups?

  • Luis Pedro Ferreira Student at Master in Innovation and Technological Entrepreneurship of Engineering Faculty of Porto University.
  • Alexandra Lobo Xavier Engineering Faculty of Porto University http://orcid.org/0000-0002-2458-4915
  • Daniel F. Polonia Economics, Management, Industrial Engineering and Tourism Department Governance, Competitiveness and Public Policies (GovCoPP) Research Group Aveiro University http://orcid.org/0000-0001-8194-4713
Keywords: SIFIDE, grants, start-ups, Portugal, performance

Abstract

In this work, a comparison between start-up companies’ performance is made based on the way they use the Portuguese R&D tax credit program. From the analysis of the results, it is possible to verify that companies that benefit from this program have a distinct behavior from those that do not, either in what regards financial performance, the weight of the intangible assets in the company or in what regards the quality and value added of the jobs created. It is also possible to find that beneficiary companies mix the tax credits with the use of European, national and regional grants, thus mixing the funding available to support their Research, Development and Innovation activities.

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Author Biographies

Alexandra Lobo Xavier, Engineering Faculty of Porto University

Degree in Chemical Engineering from the Faculty of Sciences and Technology of the University of Coimbra. MBA from University of Porto.

Responsible for the launch of a new Research Unit at INESC Porto - Innovation and Technology Transfer Unit, of which it is currently its Coordinator.

Invited lecturer of the Master in Innovation and Technological Entrepreneurship of Engineering Faculty of Porto University.

Daniel F. Polonia, Economics, Management, Industrial Engineering and Tourism Department Governance, Competitiveness and Public Policies (GovCoPP) Research Group Aveiro University
Daniel Ferreira Polónia is an Invited Assistant Professor at the Department of Economy, Management, Industrial Engineering and Tourism of the Universidade de Aveiro in Portugal. He is also a researcher with the Governance, Competitiveness and Public Policies (GovCoPP) Research Unit of the same University. He holds a PhD in Electrical Engineering and a bachelor’s degree in Electronic Engineering. His research interests are in the area of healthcare management and innovation.

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Published
2019-04-25
How to Cite
Ferreira, L. P., Xavier, A. L., & Polonia, D. F. (2019). R&D Tax Incentives: How Do They Impact Portuguese Start-ups?. Journal of Technology Management & Innovation, 14(1), 34-39. https://doi.org/10.4067/S0718-27242019000100034
Section
Research Articles