Edited by Bjørn T. Asheim, Arne Isaksen, Claire Nauwelaers and Franz Tödtling
Chapter 6: Results and Impacts of Policy Instruments
6. Results and impacts of policy instruments Javier Alfonso Gil, Antonia Sáez-Cala, Antonio Vázquez-Barquero and Ana Isabel Viñas-Apaolaza 6.1 INTRODUCTION The objective of this chapter is to determine the eﬀects and impacts of the various SMEPOL government-implemented policies with the aim of improving innovation in SMEs. Evaluating policies and describing results and impacts is common to any action in economic policy, i.e., we are dealing with means and ends and how the former inﬂuence the latter. If measurement shows that the objectives are attained, it can be asserted that the tools used were coherent and positive. One of the greatest diﬃculties is that ﬁrms, far from being static, undergo constant change. If the tool used tends to remain relatively static due to institutional design, the possibilities of achieving its objectives decrease because of a growing gap between the relatively static institution and the evolutionary path of the ﬁrm. Therefore, the policies and instruments created and designed must be institutionally ﬂexible in order to adapt to the ﬁrm in its evolution over time, as well as adjusting to diﬀerent types of ﬁrms, in terms of the size of the business and the sector that it is in. The next chapter discusses this in more detail. Firms are aware that to exist in the market requires continuous improvement of processes and products and that the best way to achieve this is through their own eﬀort and resources. The SMEPOL reports conﬁrm that the...
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