Coin Open Days → more info

Date of event: Friday, July 21, 2023

Where: Online

Description: 

The Quality of Governance Index will be a novel indicator to measure the Quality of Governance of Research and Innovation (R&I) funding in the EU regions (Nuts 2-level), using data of the programming period 2014-2020.

It currently includes four dimensions:

• “Inclusiveness” captured by concentration of R&I funding in territories where there are no R&D actors or with very little R&D activities.
• “Effectiveness” measured by the speed of absorptive capacity of R&I funding, where absorptive capacity is related to the “easiness” of territories to spend the budget allocated to them at the beginning of the programming period.
• “Transparency and accountability” captured by the quality/sophistication of the R&I evaluation system.
• “Openness” measured by a networking indicator of R&I funds (H2020 and INTERREG participation).

Societal impact:

The Quality of Governance (QoG) has been highlighted as an important driver to enhance economic growth and to ensure effectiveness of public spending (Cooray, 2009; Thanh et al, 2020). It may also explain (Barbero et al., 2023; Dicharry, 2023) the heterogeneous effects of European structural funds (Crescenzi and Giua, 2020; Di Caro and Fratesi, 2022) at regional-level. However, most of the existing governance indices (e.g. World Bank’s Worldwide Governance Indicators and OECD’s Governance of Sector Regulators) are available at country-level, except the subnational European QoG index developed by Charron et al. (2014, 2015).

Furthermore, most of the existing QoG indices are the results of survey data (self-perceptions of citizens, stakeholders and/or public bodies) and provide an overall assessment of Governance quality, without analysing specific features of policies.