Territorial Effects of EU Cohesion Policy Supporting Entrepreneurship: Findings from the Czech Republic

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43310%2F20%3A43918659" target="_blank" >RIV/62156489:43310/20:43918659 - isvavai.cz</a>

Nalezeny alternativní kódy

RIV/61384399:31130/20:00055935

Výsledek na webu

<a href="https://doi.org/10.1007/978-3-030-54502-4_11" target="_blank" >https://doi.org/10.1007/978-3-030-54502-4_11</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.1007/978-3-030-54502-4_11" target="_blank" >10.1007/978-3-030-54502-4_11</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Territorial Effects of EU Cohesion Policy Supporting Entrepreneurship: Findings from the Czech Republic

Popis výsledku v původním jazyce

European cohesion policy aims to mitigate regional disparities and foster regions that are economically lagging behind. One way to encourage economic activities in such under-developed regions is through supporting entrepreneurship. The study explores the territorial effects of public subsidies aimed at promoting the competitiveness of Czech enterprises. The analysis evaluates the impact of the largest Czech entrepreneurship policy - Operational Programme Enterprise and Innovation (OPEI) and its regional firm-level effects. Funded by the European Regional and Development Fund, part of EU cohesion policy, it ran from 2007 to 2013. The research exploits a microeconomic dataset of 3614 supported and 6622 non-supported companies, and empirically assesses whether the outcomes of the policy differed territorially across the Czech NUTS 3 regions 2 years after the end of the intervention. The method used is the counterfactual impact evaluation. For that purpose, we operationalise firm-level competitiveness by financial performance indicators. The findings show that the effects of EU cohesion policy differed across the Czech NUTS 3 regions. The confirmed cross-regional effects of public interventions have implications for the future adjustments of cohesion policy. Accordingly, we argue that adapting calls to the specificities of the different locations (NUTS 3 regions) would enhance the response to the local needs and challenges faced by local authorities and improve the place-based character of EU cohesion policy.

Název v anglickém jazyce

Territorial Effects of EU Cohesion Policy Supporting Entrepreneurship: Findings from the Czech Republic

Popis výsledku anglicky

European cohesion policy aims to mitigate regional disparities and foster regions that are economically lagging behind. One way to encourage economic activities in such under-developed regions is through supporting entrepreneurship. The study explores the territorial effects of public subsidies aimed at promoting the competitiveness of Czech enterprises. The analysis evaluates the impact of the largest Czech entrepreneurship policy - Operational Programme Enterprise and Innovation (OPEI) and its regional firm-level effects. Funded by the European Regional and Development Fund, part of EU cohesion policy, it ran from 2007 to 2013. The research exploits a microeconomic dataset of 3614 supported and 6622 non-supported companies, and empirically assesses whether the outcomes of the policy differed territorially across the Czech NUTS 3 regions 2 years after the end of the intervention. The method used is the counterfactual impact evaluation. For that purpose, we operationalise firm-level competitiveness by financial performance indicators. The findings show that the effects of EU cohesion policy differed across the Czech NUTS 3 regions. The confirmed cross-regional effects of public interventions have implications for the future adjustments of cohesion policy. Accordingly, we argue that adapting calls to the specificities of the different locations (NUTS 3 regions) would enhance the response to the local needs and challenges faced by local authorities and improve the place-based character of EU cohesion policy.

Druh

C - Kapitola v odborné knize

CEP obor

—

OECD FORD obor

50204 - Business and management

Projekt

—

Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2020

Kód důvěrnosti údajů

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

Název knihy nebo sborníku

Territorial Impact Assessment

ISBN

978-3-030-54501-7

Počet stran výsledku

16

Strana od-do

195-210

Počet stran knihy

239

Název nakladatele

Springer Switzerland

Místo vydání

Cham

Kód UT WoS kapitoly

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