Management Summary Research Study „Public Support and Firm Performance: a Systematic Review and Research Agenda“
The article studied the role of public subsidies in supporting small- and medium-sized enterprises (SMEs) and whether performance and growth are stimulated. The study consists of an integrative review of a systematic selection of 60 articles published between 1998 and 2023 on public financial and non-financial support and firm performance outcomes.
The originality of the article is that it integrates entrepreneurship and SMEs supporting policies with the entrepreneurial ecosystem concept (as a part of systemic conditions), describing an entrepreneur’s wider institutional and economic surroundings. The current body of knowledge is evolving towards more complex monitoring and evaluation approaches that give more attention to the goals, the policy features, and the contextual characteristics when evaluating the proper targeting of the aid, its suitability and subsequent success of public intervention, i.e. being cost- efficient and meeting the stated objectives and milestones.
Target Audience/Stakeholders: Public entrepreneurship and SME policymakers
Citation: Romanello, R, Floreani, J., Miani, S. & Dvouletý, O. (2024). Public support and firm performance: a systematic review and research agenda. Entrepreneurship & Regional Development. DOI: https://doi.org/10.1080/08985626.2024.2413597