Motu's research, lead by Tadgh Ryan-Charleton, found $1.40 was invested in research and development for each $1 the government had paid via tax support Photo: Supplied / Motu
The first report into the government's tax incentives for commercial research and development estimates an impact on New Zealand’s GDP of nearly $7bn.
The incentives were brought in five years ago to encourage business innovation by offering a 15% tax credit on eligible R&D and it replaced an earlier grants scheme.
The inquiry into the scheme's effectiveness was carried out by the public policy research entity, Motu.
It found that for every $1 of government spending, firms invested $1.40 in additional R&D. Kathryn is joined by the report's lead author, Tadhg Ryan-Charleton.
