The OECD has issued a statistical release on tax incentives to support R&D in OECD countries.
---
R&D tax incentives continue to outpace other forms of government support for R&D in most countries
Close to 55% of total support for business R&D in the OECD area is provided through tax incentives.
Tax incentives are a widely used and economically significant innovation support policy instrument in most OECD member countries and several other major economies. Thirty-four o…