Evaluating the impacts of Tekes-funded projects: Differences between service- and industrial sectors Soile Kotala 1 , Jari Kuusisto 2 SC-Research ABSTRACT This paper presents the results from an impact evaluation of public funding for R&D projects in Finland. Tekes (Finnish funding Agency for Technology and Innovation) is the main public R&D and innovation funding organisation in Finland. It has established an ex-post monitoring system (EPM), which gathers information of all the funded projects’ effectiveness and their impacts. This paper compares the impacts of Tekes funding in service- and manufacturing related R&D projects. The key finding is that the projects do not differ in the overall effectiveness despite that service projects are on the average smaller in scale and scope. This inconsistency between inputs and outcomes is discussed in more detail in the paper. 1 FM Soile Kotala, researcher SC-Research Poutuntie 8, 62100 Lapua tel. +358 20 124 5287, +358 40 830 3986, +358 40 558 9421 soile.kotala@seamk.fi 2 Ph.D. Jari Kuusisto, director of technology tel. +358 20 124 5282, +358 40 830 3981, +358 45 678 7633 jari.kuusisto@sci.fi