06/08: Business R&D, Innovation and Economic Growth: An Evidence-Based Synthesis of the Policy Issues
[ Last Updated 29 October 2007 ]
Short Description
This paper assesses the literature on R&D and government incentives. The trend within the OECD is towards non-discretionary incentives and New Zealand is looking increasingly unusual in terms of its sole reliance on discretionary grants for business R&D.
Author
Nick Davis
Released: 14 November 2006
Nick Davis is a Principal Consultant with Martin, Jenkins and Associates Limited. This research was conducted within the Growth and Innovation Framework Team of the Ministry of Economic Development. The author would like to acknowledge the invaluable support and assistance of Nancy Chu and Gordon Witte, who contributed in large part to developing the background papers on which this synthesis is based. The author also thanks members of the Ministry's National Innovation Systems Project Team who provided valuable comments on earlier drafts. Neither they, nor the Ministry of Economic Development, are responsible for the views expressed.
Contact: occasionalpapers@med.govt.nz
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