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The effectiveness of regional policies for innovation: an empirical investigation

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  • Martina Cioni
  • Davide Conforti

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.

Suggested Citation

  • Martina Cioni & Davide Conforti, 2007. "The effectiveness of regional policies for innovation: an empirical investigation," Department of Economics University of Siena 508, Department of Economics, University of Siena.
    • Handle: RePEc:usi:wpaper:508
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    References listed on IDEAS

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    More about this item

    Keywords

    Public Subsidies; Regional aid; Industrial Policy; Innovation capability;
    All these keywords.

    JEL classification:

    • D2 - Microeconomics - - Production and Organizations
    • H2 - Public Economics - - Taxation, Subsidies, and Revenue
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives

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