tailieunhanh - Some policies to promote research and development activities of busineses

Many policies of countries, both developed and developing, have been issued with a view to supporting for business R&D. These policies are often delivered, whether in the form of direct or indirect support, via various fiscal instruments. This article clarifies the nature of the policy formation and some state specific policies in relation to support for business R&D. | JSTPM Vol 5, No 1, 2016 17 SOME POLICIES TO PROMOTE RESEARCH AND DEVELOPMENT ACTIVITIES OF BUSINESES . Hoang Van Tuyen . Nguyen Thi Minh Nga National Institute for Science and Technology Policy and Strategy Studies Abstract: Research and development (R&D) is considered as a tool bringing benefits for businesses in many aspects such as enabling them to introduce quality products/services into markets, enhance their in-house technological capacity,. Many policies of countries, both developed and developing, have been issued with a view to supporting for business R&D. These policies are often delivered, whether in the form of direct or indirect support, via various fiscal instruments. This article clarifies the nature of the policy formation and some state specific policies in relation to support for business R&D. Keywords: Science and technology policy; R&D; Science and technology enterprise. Code: 15090102 1. Introduction To improve competitiveness, businesses develop different action plans. Among the many business activities, R&D is considered beneficial for businesses in many aspects: enabling businesses to enhance innovation; build up in-house technological capacity; help enterprises better absorb and assimilate imported technologies;. Therefore, supporting to Business R&D has always been given attention by governments. Therefore, policies by states are continuously issued to promote enterprises to conduct R&D programs. The following sections clarify the nature of the formulation of state policies in support for R&D of business, reflect actual performance of a number of specific policies and finally summarize some strengths and weaknesses of each specific type of policies. 2. Nature of state support for R&D of business Governments can encourage R&D in many different ways, but there are two most prominent policies normally used by countries, direct incentive policy measures such as providing subsidies, loans, grants; and indirect policy measures