TY -  JOUR
PY -  2014
SN -  1972-5027
T1 -  Evaluating the efficacy of European regional funds for R&D
JO -  RIV Rassegna Italiana di Valutazione
DA -  2/15/2015 12:00:00 AM
DO -  10.3280/RIV2014-058008
UR -  http://www.francoangeli.it/Riviste/Scheda_rivista.aspx?idArticolo=53045
AU -  Cannone, Giusy
AU -  Fantino, Davide
SP -  165
EP -  196
IS -  58
VL -  XVIII
LA -  EN
AB -  The authors provide some empirical evidence of the impact of two policy measures designed to support innovation in small and medium firms in Piedmont, both financed using the European Structural Funds but managed at regional level. The first measure was a concessional loan to promote the introduction of innovative plant, machinery and equipment, while the second was a free grant to stimulate research activity by firms. The programmes were effective in stimulating targeted investments (respectively tangible and intangible), but the benefits were short-lived, although to different degrees. The impact was stronger for the smallest firms and, in the case of the second measure, for firms with a low credit rating.
PB -  FrancoAngeli
ER -