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Cohesion Policy Incentives for Collaborative Industrial Research. The Evaluation of a Smart Specialisation Forerunner Programme

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  • Riccardo Crescenzi

    ()

  • Guido de Blasio

    ()

  • Mara Giua

    ()

Abstract

This paper evaluates a program of subsidies for Collaborative Industrial Research (co-)funded by the EU Cohesion Policy in Italy mobilizing over 1 billion euros. This program anticipated in the 2007-2013 funding cycle some of the key features of Smart Specialization Strategy (S3) programmes, offering evidence-based insights on potential challenges to the practical application of the S3 approach. The programme was not successful in boosting investments, value added or employment of beneficiary firms. The collaborative dimension of the projects added limited value and a more generous level funding would have not improved effectiveness. However, positive impacts emerged in low tech sectors.

Suggested Citation

  • Riccardo Crescenzi & Guido de Blasio & Mara Giua, 2017. "Cohesion Policy Incentives for Collaborative Industrial Research. The Evaluation of a Smart Specialisation Forerunner Programme," Department of Economics University of Siena 769, Department of Economics, University of Siena.
  • Handle: RePEc:usi:wpaper:769
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    References listed on IDEAS

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    5. repec:aea:jecper:v:31:y:2017:i:2:p:3-32 is not listed on IDEAS
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    More about this item

    Keywords

    Cohesion Policy; Smart Specialisation; Policy Evaluation; Innovation; European Union;

    JEL classification:

    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy

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