Promoting Innovative Startups

• Tác giả: Nadia Ali
• Ngôn ngữ: eng
• Ký hiệu phân loại: 338.64 Size of enterprises
• Thông tin xuất bản: Washington, DC: World Bank, 2025
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 322632
• Chủ đề: 1. CORPORATE TAX EXEMPTIONS; 2. CUSTOMS PROCEDURES; 3. ECONOMIC GROWTH; 4. INNOVATIVE FIRMS; 5. SOCIAL SECURITY CONTRIBUTIONS

Tóm tắt

This paper evaluates Tunisia's "Startup Act," a policy initiative to foster innovative firms through a "start-up" label and a bundle of incentives, including reduced social security contributions, corporate tax exemptions, easier access to foreign exchange, and simplified customs procedures. Detailed data on the program's selection process allow identifying marginal entrants and rejects, and hence limit selection on unobservables. Using a difference-in-differences strategy, the program is shown to increase survival and promote job creation. A back-of-the-envelope cost-benefit calculation suggests that the program is cost effective.