Tax incentives are now the preferred form of government support for company R&D in OECD countries, with close to 55% of total support offered this way. Twenty-three OECD countries provide more R&D support through tax incentives than they do through grants, according to the latest OECD analysis.
After a steady increase over the past two decades, 55% of company R&D support in the OECD is now provided through tax incentives