Internationalization, Company Value Creation, and European Funds

Abstract

In recent years, the business environment has become increasingly complex, creating additional risks for companies to manage, resulting from globalization, technological innovation, market competitiveness, more demanding consumers, and changes in companies' ownership structure, presently also due to the pandemic situation. In dealing with this situation, EU funds should play an essential role. Thus, this research study aims to analyze the impact of EU funds on Portuguese companies, considering the companies that have benefited from European incentives under the Qualification and Internationalization Incentive System, since it is directed to financing investments in strategic areas to business success such as internationalization and innovation. Therefore, the sample includes the companies that had projects approved in 2015 and aims to show the impact of these incentives on value creation capacity, as well as employment and internationalization level in the years from 2016 to 2019.