Evaluating Additionality of an Innovation Subsidy Program Targeted at SMEs: An Exploratory Study

This paper explores the effectiveness of a recently introduced innovation subsidy program targeted at SMEs in Croatia. Three aspects of program additionality were evaluated: input, output and behavioral aspects. Both qualitative and survey research was employed, and four case studies with selected r...

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Main Authors: Sonja Radas, Ivan-Damir Anić
Format: Article
Language:English
Published: The Institute of Economics, Zagreb 2013-04-01
Series:Croatian Economic Survey
Subjects:
Online Access:http://hrcak.srce.hr/index.php?show=clanak&id_clanak_jezik=147828
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author Sonja Radas
Ivan-Damir Anić
author_facet Sonja Radas
Ivan-Damir Anić
author_sort Sonja Radas
collection DOAJ
description This paper explores the effectiveness of a recently introduced innovation subsidy program targeted at SMEs in Croatia. Three aspects of program additionality were evaluated: input, output and behavioral aspects. Both qualitative and survey research was employed, and four case studies with selected recipient companies were conducted. This study is a response to the policy-makers’ need for early program assessment. It attempts to show that even with early evaluation and small population of recipients it is possible to gain insight into program effectiveness. The analysis suggests that the effects of programs targeted at innovative SMEs might need to be evaluated differently than general subsidies. This is especially evident in the evaluation of input additionality. The analysis indicates that SMEs which started with a higher R&D capability tend to increase R&D intensity while participating in the program. The program raised R&D and innovation capability of the participating SMEs, but commercialization of project results remains a concern.
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spelling doaj.art-5441960c1c2b4779986261171be1d1ec2022-12-21T23:20:55ZengThe Institute of Economics, ZagrebCroatian Economic Survey1330-48601846-38782013-04-011516188Evaluating Additionality of an Innovation Subsidy Program Targeted at SMEs: An Exploratory StudySonja RadasIvan-Damir AnićThis paper explores the effectiveness of a recently introduced innovation subsidy program targeted at SMEs in Croatia. Three aspects of program additionality were evaluated: input, output and behavioral aspects. Both qualitative and survey research was employed, and four case studies with selected recipient companies were conducted. This study is a response to the policy-makers’ need for early program assessment. It attempts to show that even with early evaluation and small population of recipients it is possible to gain insight into program effectiveness. The analysis suggests that the effects of programs targeted at innovative SMEs might need to be evaluated differently than general subsidies. This is especially evident in the evaluation of input additionality. The analysis indicates that SMEs which started with a higher R&D capability tend to increase R&D intensity while participating in the program. The program raised R&D and innovation capability of the participating SMEs, but commercialization of project results remains a concern.http://hrcak.srce.hr/index.php?show=clanak&id_clanak_jezik=147828additionalityinnovationR&D subsidySMEsdeveloping countrycommercialization
spellingShingle Sonja Radas
Ivan-Damir Anić
Evaluating Additionality of an Innovation Subsidy Program Targeted at SMEs: An Exploratory Study
Croatian Economic Survey
additionality
innovation
R&D subsidy
SMEs
developing country
commercialization
title Evaluating Additionality of an Innovation Subsidy Program Targeted at SMEs: An Exploratory Study
title_full Evaluating Additionality of an Innovation Subsidy Program Targeted at SMEs: An Exploratory Study
title_fullStr Evaluating Additionality of an Innovation Subsidy Program Targeted at SMEs: An Exploratory Study
title_full_unstemmed Evaluating Additionality of an Innovation Subsidy Program Targeted at SMEs: An Exploratory Study
title_short Evaluating Additionality of an Innovation Subsidy Program Targeted at SMEs: An Exploratory Study
title_sort evaluating additionality of an innovation subsidy program targeted at smes an exploratory study
topic additionality
innovation
R&D subsidy
SMEs
developing country
commercialization
url http://hrcak.srce.hr/index.php?show=clanak&id_clanak_jezik=147828
work_keys_str_mv AT sonjaradas evaluatingadditionalityofaninnovationsubsidyprogramtargetedatsmesanexploratorystudy
AT ivandamiranic evaluatingadditionalityofaninnovationsubsidyprogramtargetedatsmesanexploratorystudy