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Impact of Structural Funds for Innovation on the business innovation: analysis through the indicators of the companies participating in the ERDF-Innterconecta programme in Galicia

Author

Listed:
  • Sande Veiga, Diego
  • Vence Deza, Xavier

Abstract

We carried out an evaluation of the impact of the ERDF-Innterconecta programme (developed within the framework of the Technology Fund 2007-2013) on the main indicators of business innovation in Galicia. Among the different lines of action designed, we focused our analysis on the first two rounds of the Galician ERDF-Interconnecta programme belonging to this “Operational Programme for the benefit of business R&D&i”, the implementation period of which covers up to 2015. The proposed analysis tries to identify the repercussion of the participation in this programme based on the main available microeconomic indicators (projects, perceived funds, evolution of Research & Development expenditure, innovation, patents, collaboration networks, invoicing, etc.). This impact is broken down using companies´ productive sectors. The results show an unequal impact depending on the business characteristics and show a significant amount of resources managed by companies located in other territories. These results will also make it possible to formulate recommendations for the future implementation of Research, Development & Innovation policies.

Suggested Citation

  • Sande Veiga, Diego & Vence Deza, Xavier, 2021. "Impact of Structural Funds for Innovation on the business innovation: analysis through the indicators of the companies participating in the ERDF-Innterconecta programme in Galicia," Revista Galega de Economía, University of Santiago de Compostela. Faculty of Economics and Business., vol. 30(2), pages 1-16.
    • Handle: RePEc:sdo:regaec:v:30:y:2021:i:2_3
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    More about this item

    Keywords

    Policy evaluation; Business innovation policies; Technology Fund; Company size; Regional development;
    All these keywords.

    JEL classification:

    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy
    • R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy

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