European Commission - Internal Market, Industry, Entrepreneurship and SMEs

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Promoting Research and Innovation

Title of measure
Full title in national language:
Promoting Research and Innovation
Duration:
2017 to 2020
Policy objectives Plus
Presentation of the measure:

Although Lancashire has experienced sustained economic growth, the area's economic performance consistently lags behind UK and neighbouring competitor locations. With insufficient levels of research and development in the SMEs, Lancashire needs to capitalise on local innovation and R&D assets to maximise innovation, promote R&D, invest in research and innovation infrastructure and share innovations with commercial potential to promote higher value economic growth. For this reason, the main goals of the measure are:

  • Enhance research and innovation investment infrastructure and capacities to develop research and innovation excellence, and promoting centres of competence, in particular, those of European interest;
  • Promoting business investment in research and innovation.
Budget, source and type of funding
Year2017
National public funds
Regional public funds
EU Structural Funds 12,500,000
Private funds
Other
Form of funding provided
Grants
Policy learning
To what extent the measure can be considered as a success and worthy of policy learning?:
It is too early to judge the success of the measure (e.g results of first call for proposals still not known).
Evidence of outcomes based on evaluation and other evidence:

It is very important for the success degree of the measure that the innovative ecosystem is strong and active. There must be also active innovation-oriented SMEs that need research infrastructures. Vice versa, a negative factor affecting the degree of success of the measure is the lack of specific smart specialisation areas in which the territory has a competitive advantage.

What are the most important “Do’s and Don’ts” that regional stakeholders should be aware of when launching a similar measure?:

In implementing this type of measure, regional stakeholders must have an ex-ante analysis of the economic picture of the territory. They need to investigate the gap emerged from this analysis and then decide what kind of actions must be taken. It must be avoided to focus only on economic indicators but regional stakeholders must rely also on indicators about innovation. In fact, it is quite important have an overall picture of the economical and innovative ecosystem.

Would you recommend this measure as an example of regional good practice to policy-makers from other regions ?:
Yes
Organisation(s) responsible