Exploring Business Indicator Benefits in Andalusia: Engaging in European Funded Environmental Projects for Regions in Transition

Business innovation policies in the field of environmental technology in Andalusia are evaluated through the implementation of the ERDF-Innterconecta Programme, which was a unique instrument of innovation policies financed by the Structural Funds of the European Union aimed mainly at the Spanish autonomous communities with Convergence Objective. The proposed analysis seeks to identify the impact of this multiannual programme on the main business indicators of growth, performance and innovation. To this end, we have differentiated between projects aimed at improving the environment and sustainability, and those which have not introduced this objective. The Propensity Score Matching methodology has been selected to contrast the impact of the policy analysed in the selected business indicators. The conclusions offer disparate results for the indicators analysed.