Several OECD countries, including Norway, have public policy schemes that intend to foster R&D investments carried out by business companies, such as R&D subsidies and tax incentives (e.g. the SkatteFUNN programme in Norway).

What is the impact of these policy schemes – do they effectively lead to an increase in firms’ R&D spending and innovative activities?

This seminar will discuss the status of research that evaluates the effectiveness of R&D policy. It will present an updated overview of a rapidly increasing research, with a focus on measurement and econometric issues, established results and new research directions.