In 2023, the value of indirect government support through R&D tax incentives in the US stood at an estimate deriving from the provided forecasts for 2024 to 2028. Forecasted values suggest a steady increase, showing around a 2.3% year-on-year growth from 2024 to 2025, continuing a similar trend through 2028, which averages about a 2% annual increase over this period. This indicates a consistent growth pattern in leveraging R&D tax incentives.
Future trends to watch for include:
- Potential legislative changes affecting R&D tax incentives.
- The impact of broader economic conditions on R&D spending.
- Technological advancements that may influence R&D investment levels.
