<?xml version="1.0" encoding="utf-8"?>
<!DOCTYPE article PUBLIC "-//NLM//DTD JATS (Z39.96) Journal Publishing DTD v1.0 20120330//EN" "JATS-journalpublishing1.dtd">
<article xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" article-type="article">
  <front>
    <journal-meta>
      <journal-id journal-id-type="publisher-id">RFDS</journal-id>
      <journal-title-group>
        <journal-title>Regional Formation and Development Studies</journal-title>
      </journal-title-group>
      <issn pub-type="epub">2029-9370</issn>
      <issn pub-type="ppub">2029-9370</issn>
      <publisher>
        <publisher-name>KU</publisher-name>
      </publisher>
    </journal-meta>
    <article-meta>
      <article-id pub-id-type="publisher-id">9_PARFENOVA</article-id>
      <article-id pub-id-type="doi">10.15181/rfds.v6i1.2332</article-id>
      <article-categories>
        <subj-group subj-group-type="heading">
          <subject>Article</subject>
        </subj-group>
      </article-categories>
      <title-group>
        <article-title>Stimulation of Innovative-Investment Process: World Experience</article-title>
      </title-group>
      <contrib-group>
        <contrib contrib-type="Author">
          <name>
            <surname>Parfenova</surname>
            <given-names>Liudmila</given-names>
          </name>
          <email xlink:href="mailto:decan@econom.uniyar.ac.ru">decan@econom.uniyar.ac.ru</email>
          <xref ref-type="aff" rid="j_RFDS_aff_000"/>
        </contrib>
        <aff id="j_RFDS_aff_000">Yaroslavl Demidov State University</aff>
        <contrib contrib-type="Author">
          <name>
            <surname>Pugachev</surname>
            <given-names>Andrei</given-names>
          </name>
          <email xlink:href="mailto:andrxim@yandex.ru">andrxim@yandex.ru</email>
          <xref ref-type="aff" rid="j_RFDS_aff_001"/>
        </contrib>
        <aff id="j_RFDS_aff_001">Yaroslavl Demidov State University</aff>
        <contrib contrib-type="Author">
          <name>
            <surname>Juščius</surname>
            <given-names>Vytautas</given-names>
          </name>
          <email xlink:href="mailto:ek.smf@ku.lt">ek.smf@ku.lt</email>
          <xref ref-type="aff" rid="j_RFDS_aff_002"/>
        </contrib>
        <aff id="j_RFDS_aff_002">Klaipėda University</aff>
      </contrib-group>
      <volume>6</volume>
      <issue>1</issue>
      <fpage>83</fpage>
      <lpage>92</lpage>
      <permissions>
        <ali:free_to_read xmlns:ali="http://www.niso.org/schemas/ali/1.0/"/>
      </permissions>
      <abstract>
        <p>In the article results of the comparative analysis of world experience of stimulation of innovative-investment process through the formation of a favorable tax climate are generalized. Development of tax stimulation of innovation activity is considered as a crucial factor in building a new model of economic growth. It is concluded that within the subject principle there are three elements of the stimulation instrument: amortization privileges, preferences concerning the profits tax, indirect measures of tax stimulation. Conclusions on potential use of foreign tax instruments of stimulation of innovation activity in the Russian conditions are presented.</p>
      </abstract>
      <kwd-group>
        <label>Keywords</label>
        <kwd>tax stimulation</kwd>
        <kwd>innovation activity</kwd>
        <kwd>tax credits</kwd>
        <kwd>investment tax credit</kwd>
        <kwd>tax research credit</kwd>
        <kwd>amortization</kwd>
        <kwd>profit tax of the organizations</kwd>
        <kwd>R&amp;D</kwd>
        <kwd>modernization</kwd>
      </kwd-group>
      <kwd-group kwd-group-type="JEL CODES">
        <label>JEL CODES</label>
        <kwd>H250</kwd>
        <kwd>O110</kwd>
      </kwd-group>
    </article-meta>
  </front>
</article>
