Economics at your fingertips  

Should Finland Introduce an R&D Tax Credit? Reflections Based on Norwegian R&D Tax Policy

Jarle Møen

No 1097, Discussion Papers from The Research Institute of the Finnish Economy

Abstract: Subsidies to commercial R&D can be given as R&D tax credits or through direct grants. Tax incentives have become an increasingly popular policy tool over the last decades. In this note I discuss the pros and cons of the two forms of subsidies in light of Norways experience with R&D policy. I review an ongoing evaluation of the Norwegian R&D tax credit introduced in 2002 and reflect on whether it is desirable for Finland to introduce a similar scheme. I suggest that this is not desirable. If Finland introduces an R&D tax credit, I argue that it should be limited to small and medium sized companies.

Keywords: R&D policy; R&D subsidy; R&D tax credit; Finland; Norway (search for similar items in EconPapers)
JEL-codes: H25 O38 (search for similar items in EconPapers)
Pages: 14 pages
Date: 2007
New Economics Papers: this item is included in nep-eec, nep-ino and nep-pbe
References: Add references at CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed

Downloads: (external link) (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Ordering information: This working paper can be ordered from

The price is 10€.

Access Statistics for this paper

More papers in Discussion Papers from The Research Institute of the Finnish Economy Contact information at EDIRC.
Bibliographic data for series maintained by Kaija Hyvönen-Rajecki ().

Page updated 2023-05-30
Handle: RePEc:rif:dpaper:1097