#12280. Effectiveness of public support for business innovation from eu funds: Case study in Slovakia

August 2026publication date
Proposal available till 01-06-2025
4 total number of authors per manuscript0 $

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Journal’s subject area:
Sociology and Political Science;
Public Administration;
Sociology and Political Science;
Economics, Econometrics and Finance (miscellaneous);
Public Administration;
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Abstract:
Effective public support of innovations, research and development represents one of the priorities of the European Union (EU). The aim of this paper was to examine the effectiveness of public support for business innovation from EU funds in Slovakia. The value of this paper is the fact that we use the method proposed and used by the European Commission and Slovak national authorities. The difference-in-differences method is used to compare the changes in value added of supported firms before and after the intervention in comparison to firms that did not receive support. The results suggest that the public support was effective and delivered improvements not only in the field of innovativeness and competitiveness but also in the area of employment. The evaluated call was much more effective compared to other calls of the programme evaluated by other authors. The responses from the management body suggest that the core success factors were the contents of the call and timing.
Keywords:
EU funds; operational programme competitiveness and Economic Growth; Public support for business innovation

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