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Assessing the effects of a deliberate policy mix: The case of technology and innovation advisory services and innovation vouchers

Annalisa Caloffi, Marzia Freo, Stefano Ghinoi, Marco Mariani and Federica Rossi

Research Policy, 2022, vol. 51, issue 6

Abstract: While innovation policy mixes combining several policy instruments have been advocated as a response to complex problems, there is very little evidence of their effectiveness compared to that of individual instruments. By considering a set of Italian regional policy programmes implemented in 2011–2014, we analysed a policy mix composed of: (i) technology and innovation advisory services, the aim of which is to help small and medium enterprises (SMEs) to gain a better awareness of their innovation needs and of how to address them; and (ii) innovation vouchers, which are used to subsidise SME purchases of knowledge-intensive services. To draw causal inferences on their differential effectiveness, we adopted a propensity-score-matching approach extended to multiple treatment levels.

Keywords: Innovation policy mix; Technology and innovation advisory services; Innovation vouchers; Programme evaluation (search for similar items in EconPapers)
Date: 2022
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Citations: View citations in EconPapers (10)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:respol:v:51:y:2022:i:6:s0048733322000622

DOI: 10.1016/j.respol.2022.104535

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