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The phrase "the incentive for" is correct and can be used in written English.
You can use it when you are referring to something that motivates or encourages someone to do something. For example, "The incentive for applying for this job was a competitive salary."
Exact(56)
Defenses can strengthen deterrence by reducing the incentive for proliferation.
LSD provided much of the incentive for the adventure.
Where's the incentive for shareholders to throw in more cash?
"But the incentive for him would have to be large".
So what's the incentive for South American clubs?
What is the incentive for buildings to undertake them?
What would be the incentive for them to do that?
The incentive for their creation lies in the economics of mental health care.
The idea was to eliminate the incentive for producers to withhold supply and drive up prices.
The incentive for finding out things that are going to embarrass you is just not there.
Legalisation is meant to remove the incentive for coercion from the trade.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com