Innovation is fundamental to long-term prosperity – it drives growth and makes economies more nimble, dynamic and productive. The tax system can be a powerful policy instrument for spurring this. Tax measures can stimulate innovation; taxes on pollutants can guide innovation demand towards meeting environmental challenges.
To read the full, original article click on this link: OECD: Factblog: Taxes can spur and guide innovation
Author: Jérome CUKIER