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MIT: State-Level R&D Tax Credits Spur Growth of New Businesses
June 12, 2020
CAMBRIDGE, Massachusetts, June 12 -- The Massachusetts Institute of Technology issued the following news:

Here's some good news for U.S. states trying to spur an economic recovery in the years ahead: The R&D tax credit has a significant effect on entrepreneurship, according to a new study led by an MIT professor.

Moreover, the study finds a striking contrast between two types of tax credits. While the R&D tax credit fuels high-quality new-firm growth, the state . . .

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