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Impact Assessment of EUREKA Network Projects and Cluster Projects Main findings and recommendations

03-July-2017

Impact Assessment of EUREKA Network Projects and Cluster Projects Main findings and recommendations

Key facts:

  • Annual turnover of firms in EUREKA R&D projects develops significantly better than turnover of non-participants: one year after the end of projects, project participants showed an additional annual turnover growth of 15% (Network Projects) and 13% (Cluster Projects) compared to non-participating firms.
  • Development of employment is also positive: one year after the end of projects, project participants showed an additional annual employment growth of 4% (Network Projects) and 7% (Cluster Projects) compared to non-participating firms. In terms of firms’ size, differences are observed: large companies (firms with more than 250 employees) experienced the highest performances one year after project completion.
  • Participating firms expect a strengthened economic positioning through the EUREKA project, with the entering of new markets (69% of survey respondents), improved market shares (68%), and increased exports (67%) being the most relevant aspects.
  • International co-operations (more than 70%) and new business opportunities (more than 60%) are the most relevant motivation for participation in EUREKA according to survey respondents.
  • High degree of flexibility of EUREKA, building upon a strong bottom-up approach, is an essential asset from the perspective of many participating firms.

Raising the productivity and competitiveness of European businesses through technology. Boosting national economies on the international market, and strengthening the basis for sustainable prosperity and employment.