In 2023, indirect government support through R&D tax incentives in Italy as a percentage of BERD stood at 21.50. Forecasts indicate a steady growth in this support, with values increasing annually from 22.35 in 2024 to 25.87 by 2028. The year-on-year growth rate strengthens consistently, suggesting a commitment to enhancing R&D through financial mechanisms. Over the five-year forecast period, the compound annual growth rate (CAGR) is positive, reflecting an encouraging trend for continued R&D investment.
Future trends to watch for:
- Potential policy shifts that could affect the stability and attractiveness of R&D tax incentives.
- Global economic conditions impacting government budgets and potentially altering forecasts.
- Technological advancements and sectoral changes influencing R&D expenditure patterns.