Since 2014
Evaluation of the Norwegian R&D Tax Credit Scheme
Journal of Technology Management & Innovation
View Archive Info| Field | Value | |
| Title |
Evaluation of the Norwegian R&D Tax Credit Scheme
|
|
| Creator |
Cappelen, Ådne
Fjærli, Erik Hægeland, Torbjørn Foyn, Frank Møen, Jarle Raknerud, Arvid Rybalka, Marina |
|
| Subject |
R&D tax credit; R&D subsidies; Innovation policy; Norway
|
|
| Description |
We find that the Norwegian R&D tax credit scheme introduced in 2002 mainly works as intended. The scheme is cost-effective and it is used by a large number of firms. It stimulates these firms to invest more in R&D, and, in particular, the effect is positive for small firms with little R&D experience. The returns on the R&D investments supported by the scheme are positive and generally not different from the returns to other R&D investments. We have found examples of what can be interpreted as tax motivated adjustments to the scheme, but to some extent this must be accepted as a cost to subsidy and support schemes intended for use by a large number of economic agents. This is particularly so when attempts are made to keep administrative expenditures and control routines at a low level.
|
|
| Publisher |
Facultad de Economía y Negocios, Universidad Alberto Hurtado
|
|
| Contributor |
The Research Council of Norway
|
|
| Date |
2010-11-04
|
|
| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Artículo revisado por pares |
|
| Format |
application/pdf
|
|
| Identifier |
http://www.jotmi.org/index.php/GT/article/view/art165
10.4067/S0718-27242010000300007 |
|
| Source |
Journal of Technology Management & Innovation; Vol 5, No 3 (2010); 96-109
Journal of Technology Management & Innovation; Vol 5, No 3 (2010); 96-109 0718-2724 |
|
| Language |
eng
|
|
| Relation |
http://www.jotmi.org/index.php/GT/article/view/art165/583
|
|