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The effectiveness of regional policies for innovation: an empirical investigation

Martina Cioni () and Davide Conforti ()

Department of Economics University of Siena from Department of Economics, University of Siena

Abstract: This paper provides the outcomes following an evaluation analysis of a public intervention aimed to support innovation within small and medium firms (azione 3.2 under Council Regulation EEC 2081/93, Docup Ob. 2 1997-1999). We gathered the data through an ad hoc survey of firms which applied for granting, whether successfully or not. We carried on an impact evaluation of the intervention on the basis of specific indicators pertaining both to performance and to innovation capability. According to our outcomes, the intervention had a (quite limited) effect on the economic performance of beneficiary firms, though without having any particular impact both on occupation and on long-term innovation capability.

Keywords: Public Subsidies; Regional aid; Industrial Policy; Innovation capability (search for similar items in EconPapers)
JEL-codes: D2 H2 L25 O31 (search for similar items in EconPapers)
Date: 2007-07
New Economics Papers: this item is included in nep-geo and nep-ino
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Persistent link: https://EconPapers.repec.org/RePEc:usi:wpaper:508

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