R&D Incentives

R&D incentives are government or organizational programs that encourage companies to invest in research and development. They often provide financial benefits, such as tax credits or grants, to help offset the costs of innovation. The goal is to promote technological progress, competitiveness, and economic growth by making it more affordable for businesses to experiment, develop new products, and improve existing ones. These incentives serve as strategic support, reducing the financial risk associated with innovation activities.