I may be misinterpreting the way the R&D tax credits work, but from what I understand the ability of any particular government bureaucrat is irrelevant to the way this money is being 'distributed'. The theory with this system is that it will encourage private enterprise to invest in R&D ventures that THEY decide have potential.
Did I miss something? On Fri, Jun 17, 2011 at 4:01 PM, drllau <drlawrence...@gmail.com> wrote: > > http://sciblogs.co.nz/a-measure-of-science/2011/05/24/lifting-new-zealands-productivity-through-rd/ > > NZ OpEd perspective on R&D tax credits. Summary > > - worries that firms will reclassify existing work as research and > development to gain tax credits, rather than actually innovate > - not sufficient for economic growth > - author's opinion that increased government spending on R&D is > compelling (based on Finland) > > The problem I see with the last point is that picking winners has > never been a bureacrat's skillset. And judging on VC performance, > perhaps not even WallStreet ... > > Lawrence > http://nz.linkedin.com/in/drllau > > -- > You received this message because you are subscribed to the Silicon Beach > Australia mailing list. > > Guidelines on discussion: > http://groups.google.com/group/silicon-beach-australia/msg/351e183e1303508d?hl=en%3Fhl%3Den > > No lurkers! It is expected that you introduce yourself. > > To post to this group, send email to > silicon-beach-australia@googlegroups.com > To unsubscribe from this group, send email to > silicon-beach-australia+unsubscr...@googlegroups.com > For more options, visit this group at > http://groups.google.com/group/silicon-beach-australia?hl=en?hl=en > -- You received this message because you are subscribed to the Silicon Beach Australia mailing list. Guidelines on discussion: http://groups.google.com/group/silicon-beach-australia/msg/351e183e1303508d?hl=en%3Fhl%3Den No lurkers! It is expected that you introduce yourself. To post to this group, send email to silicon-beach-australia@googlegroups.com To unsubscribe from this group, send email to silicon-beach-australia+unsubscr...@googlegroups.com For more options, visit this group at http://groups.google.com/group/silicon-beach-australia?hl=en?hl=en
