University of agribusiness and rural development, UARD Jubilee International Scientific Conference

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Stimulating Innovation Through Tax Policy Mechanisms
Silvia Tsankova

Last modified: 2018-02-12


The paper examines the essence of innovation and the innovation process and the impact of tax policy on stimulating innovation. The present trends and the position of Bulgaria in world rankings are presented and basic tax preferences are analyzed. Finally, the most important steps to stimulate innovation in the country through tax breaks are made and some recommendations are provided for new ones with potentially positive impacts on innovation activity and long-term economic growth.


innovation, tax policy, tax incentives


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