Interplay Between Tax Incentives and Direct Support for Research
A solid underpinning of research, technological development and innovation (RTDI) activities in the business sector is of key importance in enhancing the per-formance of the National Innovation System (NIS). To that effect an advanced NIS such as Austria's provides a multitude of government measures to stimulate RTDI undertakings of companies. Direct support measures involve the direct transfer of financial means such as grants, subsidies or conditional loans, but also non-financial support, e.g., access to information and advice, brokerage schemes, or funding for networks. The distinctive feature of direct support is that specific measures are targeted at specifically defined projects. Support depends on a commission's discretionary case-by-case decision governed by pre-specified funding criteria and selection rules. The budget allotted to agencies and programmes is predetermined and often varies from year to year. By contrast, claims against tax liabilities – via allowances or tax credits – are subsumed under the heading of indirect support. They allow companies to reduce their tax payments as a reward for carrying out research activities, and they are not subject to any prior selection criteria.
Technologiepolitik Innovationsförderung Steuerliche Förderung Direkte Förderung Erreichungsgrad Effekte Unternehmensbefragung
In order to set up a list of libraries that you have access to,
you must first login
or sign up.
Then set up a personal list of libraries from your profile page by
clicking on your user name at the top right of any screen.