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Universities as Channels for Structural Fund Interventions Aiming to SME Growth – A Case Study from Finnish and Romanian Regions

Author

Listed:
  • Miika Kajanus

    (Savonia University of Applied Sciences)

  • Carmen Nastase

    (University of Suceava)

  • Paavo Maskulainen

    (Savonia University of Applied Sciences)

Abstract
Currently universities are acting as eminent channels for structural fund interventions in EU countries. This paper studies the experiences of regional universities in a long-standing EU country (Finland) and in a recently joining EU country (Romania). Results are based on expert interviews using the A’WOT-method. The results suggest that universities must have an appropriate understanding of the real development needs of SMEs and the region, including a good understanding about the ideas behind the regional development policies and structural fund programmes. This understanding cannot be established without strategic partnerships. By combining these two perspectives, universities should take a proactive role in the development of regional economies. This means a transformation from a follower into a co-explorer of future opportunities hand in hand with local enterprises.

Suggested Citation

  • Miika Kajanus & Carmen Nastase & Paavo Maskulainen, 2009. "Universities as Channels for Structural Fund Interventions Aiming to SME Growth – A Case Study from Finnish and Romanian Regions," Research in Economics and Business: Central and Eastern Europe, Tallinn School of Economics and Business Administration, Tallinn University of Technology, vol. 1(1).
    • Handle: RePEc:ttu:rebcee:15
    as

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    References listed on IDEAS

    as
    1. Carmen Nastase & Miika Kajanus, 2008. "The Role Of The Universities In A Regional Innovation System – A Comparative A’Wot - Analysis," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 10(23), pages 219-224, February.
    2. Leskinen, Leena A. & Leskinen, Pekka & Kurttila, Mikko & Kangas, Jyrki & Kajanus, Miika, 2006. "Adapting modern strategic decision support tools in the participatory strategy process--a case study of a forest research station," Forest Policy and Economics, Elsevier, vol. 8(3), pages 267-278, April.
    3. Kurttila, Mikko & Pesonen, Mauno & Kangas, Jyrki & Kajanus, Miika, 2000. "Utilizing the analytic hierarchy process (AHP) in SWOT analysis -- a hybrid method and its application to a forest-certification case," Forest Policy and Economics, Elsevier, vol. 1(1), pages 41-52, May.
    4. Ron Boschma, 2005. "Proximity and Innovation: A Critical Assessment," Regional Studies, Taylor & Francis Journals, vol. 39(1), pages 61-74.
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