{"id":430,"date":"2026-04-27T15:24:40","date_gmt":"2026-04-27T14:24:40","guid":{"rendered":"https:\/\/www.farhi-innovation-lab.fr\/?post_type=publication&#038;p=430"},"modified":"2026-05-04T16:21:33","modified_gmt":"2026-05-04T15:21:33","slug":"an-evaluation-of-the-innovation-tax-credit","status":"publish","type":"publication","link":"https:\/\/www.farhi-innovation-lab.fr\/fr\/publication\/an-evaluation-of-the-innovation-tax-credit\/","title":{"rendered":"An Evaluation of the Innovation Tax Credit"},"content":{"rendered":"<p class=\"wp-block-paragraph\">The Innovation tax credit (cr\u00e9dit d\u2019imp\u00f4t innovation, CII) is an extension of theResearch tax credit (cr\u00e9dit d\u2019imp\u00f4t recherche, CIR) intended to boost the incentive effect ofthe latter on SMEs to encourage them to engage in the creation of new productsviathe developmentof prototypes or pilot plants. Introduced in 2013, it represented \u20ac120million of tax credit in 2014for some 5,300recipients. This article seeks to measure the impact of the introduction of thisscheme on its beneficiaries over the period from 2013 to 2016. Using a difference\u2011in\u2011differencesmethod following propensity score matching, we find a greater increase in employment in theshort term for firms benefiting from the scheme, along with a more pronounced increase in theirturnover in the medium term. A greater increase in the number of new products produced by thebeneficiaries is also observed. Finally, the introduction of the CII went along with a reduction inthe research expenditure reported under the CIR.<\/p>","protected":false},"excerpt":{"rendered":"<p>The Innovation tax credit (cr\u00e9dit d\u2019imp\u00f4t innovation, CII) is an extension of theResearch tax credit (cr\u00e9dit d\u2019imp\u00f4t recherche, CIR) intended to boost the incentive effect ofthe latter on SMEs to encourage them to engage in the creation of new productsviathe developmentof prototypes or pilot plants. Introduced in 2013, it represented \u20ac120million of tax credit in [&hellip;]<\/p>\n","protected":false},"template":"","meta":{"_acf_changed":true},"thematique":[47],"type-de-publication":[50],"class_list":["post-430","publication","type-publication","status-publish","hentry","thematique-innovation","type-de-publication-publication"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>An Evaluation of the Innovation Tax Credit - Farhi Innovation Lab<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"fr_FR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"An Evaluation of the Innovation Tax Credit - Farhi Innovation Lab\" \/>\n<meta property=\"og:description\" content=\"The Innovation tax credit (cr\u00e9dit d\u2019imp\u00f4t innovation, CII) is an extension of theResearch tax credit (cr\u00e9dit d\u2019imp\u00f4t recherche, CIR) intended to boost the incentive effect ofthe latter on SMEs to encourage them to engage in the creation of new productsviathe developmentof prototypes or pilot plants. Introduced in 2013, it represented \u20ac120million of tax credit in [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.farhi-innovation-lab.fr\/fr\/publication\/an-evaluation-of-the-innovation-tax-credit\/\" \/>\n<meta property=\"og:site_name\" content=\"Farhi Innovation Lab\" \/>\n<meta property=\"article:modified_time\" content=\"2026-05-04T15:21:33+00:00\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.farhi-innovation-lab.fr\\\/publication\\\/an-evaluation-of-the-innovation-tax-credit\\\/\",\"url\":\"https:\\\/\\\/www.farhi-innovation-lab.fr\\\/publication\\\/an-evaluation-of-the-innovation-tax-credit\\\/\",\"name\":\"An Evaluation of the Innovation Tax Credit - Farhi Innovation Lab\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.farhi-innovation-lab.fr\\\/#website\"},\"datePublished\":\"2026-04-27T14:24:40+00:00\",\"dateModified\":\"2026-05-04T15:21:33+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.farhi-innovation-lab.fr\\\/publication\\\/an-evaluation-of-the-innovation-tax-credit\\\/#breadcrumb\"},\"inLanguage\":\"fr-FR\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.farhi-innovation-lab.fr\\\/publication\\\/an-evaluation-of-the-innovation-tax-credit\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.farhi-innovation-lab.fr\\\/publication\\\/an-evaluation-of-the-innovation-tax-credit\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Accueil\",\"item\":\"https:\\\/\\\/www.farhi-innovation-lab.fr\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Publications\",\"item\":\"https:\\\/\\\/www.farhi-innovation-lab.fr\\\/publications\\\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"An Evaluation of the Innovation Tax Credit\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.farhi-innovation-lab.fr\\\/#website\",\"url\":\"https:\\\/\\\/www.farhi-innovation-lab.fr\\\/\",\"name\":\"Farhi Innovation Lab\",\"description\":\"Economics of Institutions, Innovation, and Growth Chair\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.farhi-innovation-lab.fr\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.farhi-innovation-lab.fr\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"fr-FR\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.farhi-innovation-lab.fr\\\/#organization\",\"name\":\"Farhi Innovation Lab\",\"alternateName\":\"Farhi Innovation Lab\",\"url\":\"https:\\\/\\\/www.farhi-innovation-lab.fr\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"fr-FR\",\"@id\":\"https:\\\/\\\/www.farhi-innovation-lab.fr\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.farhi-innovation-lab.fr\\\/wp-content\\\/uploads\\\/2026\\\/04\\\/web-app-manifest-512x512-1.png\",\"contentUrl\":\"https:\\\/\\\/www.farhi-innovation-lab.fr\\\/wp-content\\\/uploads\\\/2026\\\/04\\\/web-app-manifest-512x512-1.png\",\"width\":512,\"height\":512,\"caption\":\"Farhi Innovation Lab\"},\"image\":{\"@id\":\"https:\\\/\\\/www.farhi-innovation-lab.fr\\\/#\\\/schema\\\/logo\\\/image\\\/\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"An Evaluation of the Innovation Tax Credit - Farhi Innovation Lab","robots":{"index":"noindex","follow":"follow"},"og_locale":"fr_FR","og_type":"article","og_title":"An Evaluation of the Innovation Tax Credit - Farhi Innovation Lab","og_description":"The Innovation tax credit (cr\u00e9dit d\u2019imp\u00f4t innovation, CII) is an extension of theResearch tax credit (cr\u00e9dit d\u2019imp\u00f4t recherche, CIR) intended to boost the incentive effect ofthe latter on SMEs to encourage them to engage in the creation of new productsviathe developmentof prototypes or pilot plants. 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