Measuring Success: Common Challenges in Assessing the Impact of Large-scale R&I funding Programmes

Haya Al-Ajlani (), Alessio Mitra (), Maximilian Kasy and Konstantinos Niakaros
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Haya Al-Ajlani: European Commission, Directorate-General for Research and Innovation
Alessio Mitra: European Commission, Directorate-General for Research and Innovation
Konstantinos Niakaros: Columbia University

EU research and innovation paper series from Directorate General for Research and Innovation (DG RTD) of the European Commission

Abstract: This paper discusses the challenges in empirically assessing the impact of large-scale Research and Innovation (R&I) funding programmes, particularly those under the European Union. It explores key methodological issues such as identifying aggregate effects and spillovers, estimating long-term results and impacts, mediation analysis challenges, heterogeneity within funding programmes, and pitfalls of established econometric methods. The paper also provides potential remedies to address these challenges and presents an ideal empirical analysis framework.

Keywords: Research and Innovation funding; impact assessment; econometric methods; spillover effects; mediation analysis; policy evaluation (search for similar items in EconPapers)
JEL-codes: C18 O32 O38 (search for similar items in EconPapers)
Pages: 25 pages
Date: 2025-05
New Economics Papers: this item is included in nep-ino and nep-ppm
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Persistent link: https://EconPapers.repec.org/RePEc:eug:wpaper:ki-01-25-145-en-n

DOI: 10.2777/4343744

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