Regulations on Financial Incentives for the Production of Films and Series in Norway (also called the Incentive Scheme).

Dónde
Noruega
When
2020
Quién
Norwegian Ministry of Culture
Describe the main features of the policy/measure: 

The Scheme grants up to 25 % return on costs spent in Norway to productions produced partly or entirely in Norway that are intended for international distribution. The purpose of the incentive scheme is to increase the number of international films and series produced in Norway to promote Norwegian culture, history and nature. The scheme is also designed to improve the experience and skills of the Norwegian film industry, stimulate growth, promote a sustainable Norwegian film industry and support international cooperation.

What are the results achieved so far through the implementation of the policy/measure?: 

The Norwegian Film Institute allocated 226 mill. NOK from the incentive scheme in the period 2016-2019.

Financial resources allocated to the policy/measure in USD: 

The Norwegian Film Institute allocated 297,4 million NOK from the incentive scheme in the period 2016-2020.

Partner(s) engaged in the implementation of the measure: 
Name of partnerType of entity
Norwegian Film Institute
Public Sector
Has the implementation of the policy/measure been evaluated?: 
YES
If yes, what are the main conclusions/recommendations?: 

Menon Economics recently carried out an assignment, comissioned by The Norwegian Ministry of Culture, concerning the puclic schemes for audiovisual production. The incentive scheme was part of this evaluation.

Furthermore, Olsberg SPI performed an early evaluation of the insentive scheme inn 2017, assigned by the Norwegian Film Institute.

Menon Economics concluded (2019) that the incentive scheme is not currently directly relevant for promoting domestic culture, history and nature. The scheme might have extended effects like increased purchases of goods and services in Norway. However, such effects are not suffiently proved, especially concerning the gain for domestic audiovisual industry and related suppliers.

Menon Economics argued for a growing need to support domestic productions that are internationally oriented, rather than supporting foreign productions in Norway. On this ground, Menon Economics reccommended altering the scheme in a such a way that it should aim more at domestic productions that are internationally distributed.

The early study by Olsberg SPI (2017) assessed the scheme based on grants given in 2016, and estimated that these (two) productions generated a total of 198 million NOK in Norway, employed 142 full time equivalents (FTE) and 33,3 million NOK tax revenues. Olsberg SPI concluded that an incentive scheme with a limited ammount of grants and a narrow application period most likely will lose in competition with automatic incentive scemes in comparable countries.

bestbonus.biz eokul365.com