ABSTRACT
This paper examines the use of European Union Structural Funds to support the development of innovation policy within Wales during the period 2000–06. Drawing on data from the Welsh government and interviews with key stakeholders, it focuses specifically on the Technium programme, a high-profile technology-based innovation intervention that took a predominantly supply-side approach to supporting innovation, resulting in its eventual failure. Consistent within this is an analysis of the efficacy of supply-side policies using European Union funds to support research and development activities to aid economic growth in peripheral, weaker regions.
ACKNOWLEDGEMENTS
The authors are grateful to the attendees at the 2nd joint European Union Cohesion Policy Conference Challenges for the New Cohesion Policy 2014–2020: an Academic and Policy Debate meeting for their constructive comments on the paper.
DISCLOSURE STATEMENT
No potential conflict of interest was reported by the authors.
ORCID
Niall G. MacKenzie http://orcid.org/0000-0003-3769-7086