Policy

What can governments do to support biotechnology? Measures of R&D spending and educational output are included in the Worldview Scorecard, but these efforts generally only support the foundations of a biotechnology industry—more can be done to drive commercialization. This chart shows the tax subsidy rates for large firms (blue) and small and medium enterprises (SMEs) (green). In cases where the tax subsidy rate is negative, tax incentives either do not exist, or they are lower than the negative impact of R&D investments.

SOURCE: OECD Science, Technology and Industry Scoreboard, 2009.