Comparison of administrative Difficulties between European Funds and Investment Incentives

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F46747885%3A24310%2F15%3A00003069" target="_blank" >RIV/46747885:24310/15:00003069 - isvavai.cz</a>

Result on the web

<a href="https://api.elsevier.com/content/article/PII:S2212567115016111?httpAccept=text/xml" target="_blank" >https://api.elsevier.com/content/article/PII:S2212567115016111?httpAccept=text/xml</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.1016/s2212-5671(15)01611-1" target="_blank" >10.1016/s2212-5671(15)01611-1</a>

Result language

angličtina

Original language name

Comparison of administrative Difficulties between European Funds and Investment Incentives

Original language description

This paper analyses situation with investment incentives and European funds from investor’s point of view. This paper analyses existing legislation and documentation, conditions and rules that have to be followed by applicant for submitting application and successfully evaluated by responsible institutions to obtain one of the public aid. The aim of this paper is to find difficulties in whole administrative process for both tools and determinate which administrative process has better conditions and is easily fulfilled for applicants. The finding is compared with empirical data of submitted and approved applications for both aids from the previous financial framework 2007-2013 in cohesion region of Northeast, Czech Republic in the level NUTS II. The methodology in the paper uses descriptive and explanatory methods with comparison of empirical data. Main results are limited time for administrative preparation for European funds. European funds are based on different calls dependent on specific region and evaluation is very strict, so chance of rejection of application is higher than at investment incentives. On the other hand, investment incentives are not limited by deadlines for submitting application and the evaluation process is not that strict. Empirics of submitted and approved applications underlay the results.

Czech name

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Czech description

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Type

D - Article in proceedings

CEP classification

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OECD FORD branch

50202 - Applied Economics, Econometrics

Project

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Continuities

S - Specificky vyzkum na vysokych skolach

Publication year

2015

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection

Procedia Economics and Finance

ISBN

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ISSN

2212-5671

e-ISSN

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Number of pages

8

Pages from-to

134-141

Publisher name

Elsevier BV

Place of publication

Zvolen

Event location

Zvolen

Event date

Jan 1, 2015

Type of event by nationality

EUR - Evropská akce

UT code for WoS article

000381118100019