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This paper presents the results of an initial evaluation of federal fiscal incentives in support of Research and Development (R&D) by companies in Belgium. The impact of regional subsidies and the partial exemption from advance payment for R&D personnel is estimated for the period 2001-2009. The results show that the existing measures of public support have stimulated companies to carry out additional R&D activities.
Structural studies > Productivity and long-term growth
Public Economics > Fiscal Policies and Behavior of Economic Agents > Firm [H32]
Economic Development, Technological Change, and Growth > Technological Change > Management of Technological Innovation and R&D [O32]
Economic Development, Technological Change, and Growth > Technological Change > Government Policy [O38]