Innovation system in North Macedonia with its funding support

ISBN-13: 9786206786122 / Angielski / Miękka / 52 str.

Festim Halili; Vera Dimitrievska

Opis

The purpose of the paper is to analyse the financial results reached by the companies and institutions funded by FITD in the period 2016 - 2020. Paper results from the financial support, the companies and institutions will be categorized according to their size, department, instrument and programme they applied for and performance analysis before and after receiving the funds, and taking into account Macedonian economy in its entirety. All companies show positive financial performance before and after the investment in the innovative project. 51% of the FITR portfolio, i.e 326 supported companies are startup companies, mostly founded by young people.

O autorze

Festim Halili is director of the Fund for Innovation and Technology Development of North Macedonia and also Associate Professor of Computer Sciences in FH Technikum Wien and University of Tetova. He is author of more than 60 scientific papers published in international journals and conferences and also leading Horizon Europe projects.