Please use this form to submit your study for inclusion into our database. It will be checked by a member of the Innovation Growth Lab team, who may be in contact to ask for more information. Your email address * Your name * Title * The name of the study Short summary A brief description of the project's goals and its current state Abstract <p>In 2004 and 2005, the then Ministry of Economic Affairs issued innovation vouchers to SMEs to promote cooperation and knowledge exchange between companies and knowledge institutes in the field of innovation. The underlying idea was that more new products, services and/or processes can be developed with more knowledge exchange. This innovation can in turn lead to an increase in turnover and productivity, which ultimately leads to more prosperity. Because the interest in the instrument in 2004 and 2005 exceeded all expectations and the number of applications exceeded the number of available vouchers in one day, the innovation vouchers were awarded by lottery between interested companies.</p> <p>In this study the short, medium and long term effects of innovation vouchers on R&D, employment, turnover and productivity of both entered and drawn companies were studied.</p> <p>We can conclude from the results, with the necessary caution regarding exiting companies, that innovation vouchers seem to lead to more participation in WBSO, more R&D and employment, possibly more turnover, but have no measurable statistically significant effect on productivity. The positive effects found usually manifest themselves, especially in the short term, and these effects then remain structurally unchanged in the medium and long term.</p> <p><strong><em><a href="https://www.innovationgrowthlab.org/blog/long-term-impact-dutch-innovation-vouchers-back-future-randomised-controlled-trials">Results from this experiment have been summarised in an IGL blog</a>. This research follows <a href="https://www.innovationgrowthlab.org/content/do-innovation-vouchers-help-smes-cross-bridge-towards-science">an initial paper, published in 2006</a>.</em></strong></p> The full abstract of the study, if available Links https://www.bedrijvenbeleidinbeeld.nl/downloads/publicaties/2019/10/13/gecombineerd-gebruik-financieringsinstrumenten-kopie Links to any published papers and related discussions Authors * Affiliations Academic and other institutes that the authors of the study are members of Delivery partner Organisations involved in delivering the trial, if appropriate Year Year Year199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026 Month MonthJanFebMarAprMayJunJulAugSepOctNovDec Day Day12345678910111213141516171819202122232425262728293031 Journal Journal publishing the study, if available Publication stage * Working Paper Published Ongoing Research Forthcoming Discussion Paper Research theme * Entrepreneurship Innovation Business Growth Country Country or countries where this study took place. Topics What sort of topics does the study cover? Sample attributes Hypotheses / research question Sample Trial population and sample selection Number of treatment groups Size of treatment groups Size of control group Unit of analysis Clustered? Yes No Cluster details Trial attributes Treatment description Rounds of data collection Baseline data collection and method Data collection method and data collected Evaluation Outcome variables Results Intervention costs Cost benefit ratio Reference Citation for use in academic references