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