Review article titled Public SME grants and firm performance in European Union: A systematic review of empirical evidence

received the Highly Cited Badge in the Web of Science database.

The article that was co-authored by Ondřej Dvouletý, Stjepan Srhoj and Smaranda Pantea has been recently received a Highly Cited Badge in the Web of Science database. The badge means that the article received enough citations to place it in the top 1% of the academic field of Economics & Business based on a highly cited threshold for the field and publication year.

The article presents a systematic review of research on the effects of public grants on firm performance in the European Union’s 28 member countries. It offers structured information on the methodological approaches, variables and findings of the previous studies. The conclusions summarised show mostly the positive outcomes of the grants on firm survival, employment, tangible/fixed assets, sales/turnover, with mixed results for labour productivity and total factor productivity (TFP). The study provides series of implications for researchers and policymakers.

Target Audience/Stakeholders: Public entrepreneurship and SME policymakers

Citation: Dvouletý, O., Srhoj, S. & Pantea, S. (2020). Public SME grants and firm performance in European Union: A systematic review of empirical evidence. Small Business Economics. 57(1), 243–263

Article available at: https://www.researchgate.net/publication/337227352_Public_SME_Grants_and_Firm_Performance_in_European_Union_A_Systematic_Review_of_Empirical_Evidence

Interview with Christina Theodoraki, editor of Small Business Economics, where discussed the main added value of the paper for the scholars and policymakers.

https://www.youtube.com/watch?v=8yryAVJT7Zk&ab_channel=SmallBusinessEconomic

_{Picture source: Web of Science database (Clarivate Analytics, 2021)}