Taxation as an instrument of stimulation of innovation-active business entities

TL;DR

This paper examines how taxation can be used as a tool to encourage innovation among active business entities, clarifying the concept within regional tax policies.

Contribution

It provides a clear definition of tax stimulation for innovation-active businesses, addressing existing ambiguities in regional taxation frameworks.

Findings

Clarified the definition of tax stimulation for innovative businesses

Identified gaps in regional taxation policies regarding innovation support

Proposed a framework for using taxation as an innovation stimulant

Abstract

The analysis of the theoretical material revealed the lack of consensus on defini-tion of the tax stimulation of innovation-active business entities within the re-gional taxation. The definition tax stimulation of innovation-active business en-tities is specified.