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Journal of Competitiveness

Does the EU Funding Increase Competitiveness of Firms by Supporting Organisational Changes?

Martinez Felipe, Potluka Oto

Keywords:
Competitiveness, Productivity, Organisational Change, EU funding

Abstract
Competitive firms with a good economic performance contribute to social development and quality of life. Countries and regions support competitiveness of firms through public policies and public funds. The research concerns question whether financial support from public funds actually helped to increase competitiveness in firms through organisational changes. This paper explores the relationship between competitiveness of firms (measured by sales divided by employment) with organisational structure changes and the amount of financial resources from the EU Structural Funds. The data were collected from the Czech Statistical Office and a survey among Czech firms. The estimates provide us with conclusion that only the European Social Funds assistance had a positive effect on productivity, but not organisational changes in firms.

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10.7441/joc.2015.02.02


Martinez F., Potluka O. (2015). Does the EU Funding Increase Competitiveness of Firms by Supporting Organisational Changes? Journal of Competitiveness, 7 (2), 23-37 http://doi.org/10.7441/joc.2015.02.02 
Journal of Competitiveness

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