Financial support from OPEI boosts entrepreneurship and reduces unemployment rates.
The article looks at how financial support from the Operational Programme Enterprise and Innovation is distributed among different regions. The researchers found that more projects receive funding in economically weak regions, which make up a large part of structurally affected areas. They also discovered a correlation between the amount of funding and the unemployment rate in supported regions. Additionally, subsidies from the program help develop entrepreneurship by enabling projects that might not have been possible without the funds. The researchers used data analysis and a questionnaire survey to reach these conclusions.