Cohesion policy incentives for collaborative industrial research. The Evaluation of a smart specialisation forerunner programme
Crescenzi, Riccardo ; Giua, Mara ; de Blasio, Guido
London School of Economics and Political Science. Centre for Economic Performance
LSE - London
2018
29 p.
innovation ; industrial research ; economic and social cohesion ; EU policy
SERC Discussion Paper
231
Technology
English
Bibliogr.
"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. "
Digital
The ETUI is co-funded by the European Union. Views and opinions expressed are however those of the author(s) only and do not necessarily reflect those of the European Union or the ETUI.