The use of EU funding in the development of local economic activity zones
The use of EU funding in the development of local economic activity zones

Summary/Abstract: The paper concerns the assessment of the economic ef- fectiveness of the use of EU funds (Regional Operational Programme of the Silesian Voivodeship 2007-2013) in the development of local economic activity zones. Research (in the form of an analysis of literature, reports and statis- tical data) and empirical work (case study and interviews evaluating seven selected zones in the Silesian Voivode- ship) indicate that EU projects serving the development of economic activity zones show a high level of economic efficiency, which results mainly from the high level of sub- sidies (85%). The development of zones generates socio- economic multiplier effects, which may be precisely mea- sured only over a longer time period. Subsidies, thanks to which infrastructure is created, are nonetheless only a base for stimulating entrepreneurship. A necessary complement thereof is economic promotion and efficient investor service by communes.

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