Table 1 Payoff matrix for innovation tax...

Table 1

Payoff matrix for innovation tax policy

Strategies	No tax	Low tax	High tax
No R&D	0; 0	0; 0	0; 0
Low R&D	0.5; 0	0.25; 0.25	−0.25; 0.5
High R&D	1; 0	0.5; 0.5	−0.5; 1

Source(s): Carayannis and Dubina (2014)

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