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Clusters are individuals - VDI/VDE-IT

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2.9.1.6 Monitoring and evaluation system<br />

The program will be evaluated twice during its term (approximately<br />

every 24 months).<br />

The following indicators <strong>are</strong> used to monitor the performance<br />

of the program:<br />

INDICATORS<br />

Output<br />

Results<br />

Impact<br />

• Number of patents<br />

• Number of trainings<br />

• Number of joint collaborative projects<br />

• Number of PhD theses<br />

• Number of new SMEs established<br />

• Percentage of revenue increase<br />

• Percentage of export increase<br />

• Percentage of employment increase<br />

• Percentage of FDI increase<br />

• Percentage of quality standards applied<br />

• Internationalization<br />

• Cluster expansion<br />

• Social impact<br />

• Cluster spill-overs<br />

Beneficiaries <strong>are</strong> monitored by written reports, by regular independent<br />

evaluations and by regular independent benchmarking<br />

exercises.<br />

2.9.1.7 Context of the program<br />

The program is important in the overall policy context due to<br />

its relevance for regional economic development (Table 36).<br />

In the Greek context the program has established a reference<br />

case for two reasons: It was the first bottom-up driven program<br />

in Greece as relevant stakeholders were involved from<br />

the very beginning and extensive consultations took place.<br />

It also represents a shift in terms of policy thinking as it focuses<br />

on economic <strong>are</strong>as where Greece has a competitive<br />

advantage, while prior to this program tended to finance “a<br />

little bit of everything” which resulted in less effectiveness<br />

and efficiency.<br />

How important is the cluster program in relation to… 0 1 2 3 4<br />

…the overall economic/industrial development strategy • • • X •<br />

…other R&D/innovation programs • • • X •<br />

0 = not important at all ==> 4 = very important<br />

Table 36: Relevance of the Corallia program in the overall policy setting<br />

129

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