Regional Focus paper on Counterfactual Impact Evaluations now available online
The latest Regional Focus paper, "What are counterfactual impact evaluations teaching us about enterprise and innovation support?" is now available online. This 16-page PDF report from the Evaluation Unit of DG REGIO examines over EUR 40 billion given to 235 000 firms under 12 support schemes in 7 different EU Member States. Effects are considered in terms of investment, productivity, employment and innovation.
The results show that SMEs have the most to gain from financial support, with an increase in investment and durable employment, although non-financial support such as advice and networking can be just as effective. It is hoped that these findings will inform preparation of the 2014-20 programmes.
The full paper can be downloaded here: http://ec.europa.eu/regional_policy/information/focus/index_en.cfm