Cappelen, Ådne; Raknerud, Arvid; Rybalka, Marina - Statistisk Sentralbyrå, Government of Norway - 2008
Norwegian business spending on R&D is low by OECD standards. To stimulate business R&D, in 2002 the Norwegian government introduced a tax-based incentive, SkatteFUNN. We analyze the effects of SkatteFUNN on the likelihood of innovating and patenting. Using a rich database for Norwegian firms, we...