 How the EU Cohesion Policy targeted at R&D and innovation impacts the productivity, employment and exports of SMEs in EstoniaSimona Ferraro, Kadri Männasoo and Helery Tasane Evaluation and Program Planning, 2023, vol. 97, issue C Abstract: The aim of this empirical investigation is to assess how the support targeted at R&D and innovation in the European Union Cohesion Policy Programme 2014–2020 affects the labour productivity, employment and exports of small and medium-sized companies. We estimate the treatment effects of two R&D financial support activities using a semiparametric efficient estimator with over-identified moment conditions and inverse probability weighting. The impact assessment uses population data on small and medium-sized enterprises in Estonia, the European Union member state that benefits most per capita from Cohesion Fund allocations. We found that support for R&D and innovation from the Cohesion Policy had a positive short-term effect on labour productivity and employment over the estimation period 2014–2018, and that the size and robustness of the effect were strongest for labour productivity. The short-term effect on exporting was ambiguous. Keywords: Cohesion Policy evaluation; R&D; Innovation; Small and medium-sized enterprises; Productivity; Employment and job creation; Exporting; Estonia (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:epplan:v:97:y:2023:i:c:s0149718922001756 DOI: 10.1016/j.evalprogplan.2022.102221 Access Statistics for this article Evaluation and Program Planning is currently edited by Jonathan A. Morell More articles in Evaluation and Program Planning from Elsevier |
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