Marcos M. García-Velasco, Blanca L. Delgado-Márquez

Do European structural funds pay off in terms of knowledge base configuration? Analysis through a synthetic index

This paper is aimed at analyzing the evolution of the regional knowledge base to estimate the progress made by those regions financially assisted by the European structural funds. To that aim, we rely on a new index. We contend that our results may yield relevant implications not only for academics, but especially for policy-makers deciding about the regional innovation policy in the European Union.

Keywords: structural funds; knowledge base; synthetic index; Europe

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