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Report

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More and more OECD governments are giving firms tax breaks to drive innovation while cutting their direct spending on business research and development (R&D), and are also encouraging public research organisations to commercialise their inventions, according to this report. Two thirds of the 30 OECD member countries offered businesses tax subsidies in 2006, up from 12 in 1995, and most have tended to make it more generous over the years. Direct government funding financed an average of 7 per cent of business R&D in 2005, down from 11 per cent in 1995.

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Published year only: 
2007
9
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