The analysis of the effectivenes of government support for economy: An application on the SMES which took Kosgeb support in TR 42 area

e issue of state aids that started to find voice profoundly in 1990s in Turkey began to get rather complicated for the small and medium sized enterprises (SME). Even the terms used in state aids subject turned into equations with multiple variables for the SMEs while the state developed policies through different institutions for the varied points that it aimed at improving. For instance, many companies which are unaware of the aids, it isn't easy for even the companies that reached the aids and applied for them to attain the funds promised at the beginning directly. It is seen that there were nearly no academic studies done about the aid programs and the activities of these programs until 1980s. While the first studies are done about exportation and tax incentives, passing to the planned period in 1982 and then regional development in 1993 started to be mentioned; and later on the studies on free zones intensified. Besides, small sized SMEs started to be referred to in 2000s; their problems and solution suggestions were argued. It was followed by the research and development (R&D) aids and the studies on aids that the state profoundly offered for SMEs started. The studies done in the literature are upon aid programs' being listed and gathered and predominantly SMEs' being aware or unaware of it. Recent studies, on the other hand, are about the effects of the received aids upon the company's performance. The objective of this study is to determine the efficiency of the aids that are received, within the scope of the program, by the companies which are aware of the aid programs, apply for them and have a granted application by KOSGEB. The study tries to reveal the rate of the funds approved to the funds acquired by the company. The point that this study tries to reveal is the rate of the funds promised at the beginning of the program to the funds transferred to the company after the program. This rate is named as Funds Transfer Rate. With the help of this rate, the reasons of the funds that are not able to be transferred are interpreted by analyzing. In the study also the fact whether counseling service has an effect on funds transfer rate has been analyzed. Finally, the Funds Transfer Rate's effect on the wishes of SMEs to receive aids again is researched. Two different models have been created to test the variables which are the subjects of the study. The first model has been created to test the relationship between the variables of funds transfer rate and the project performance of the company taking support and taking counseling service factors. In addition to this, the moderation effect of taking counseling service on the relation between project performance of the company taking support and funds transfer ratio has been measured. In the second model, it has been aimed to measure the moderation effect of taking counseling service on the relationship between the performance of the institution giving support, project performance of the company taking support and the willingness to use support again. The population of the survey has been accepted as an aid application in the KOSGEB KOBİGEL Aid Program's invitation periods of 2016 and 2017-01; and is executed on the SMEs whose projects are completed. As the target population is accessible, complete count method has been preferred. With the opinions of the experts and literature studies, an original survey has been prepared. Validity and reliability analysis have been done with the pilot study of the survey and data collection was continued after having positive results. After the data has been obtained, first factor analysis has been performed and the participation on the statements level has been controlled. The demographic features of the companies have been tried to be expressed. It has been tried to be expressed whether the demographic features of the SMEs are different from the factors affecting the fund Transfer ratio or not with hypothesis tests. I the study the hierarchic method which is one of the multiple integration models has been used to determine moderation role of the taking counseling on the willingness of taking support again and support using rate, the institution performance and project performance of the company in the government support programs. Also in the study the effect of the funds transfer ratio on the willingness of taking support has been analyzed with a simple regression analysis. As a result of the study; (1) explaining government support policies, getting the support programs offered together and expressing the tools to support, (2) getting the support programs of different institutions on economy in Turkey together and being a guide for SMEs, (3) the rate of source the companies reached at the end of support program in real and (4) determination of the reasons why the companies couldn't reach the total finance have been determined. To reach the strategic targets which have been created by the companies, the targets have to be adopted on the basis of employee structure. Also the complex structure of the support procedures of the institutions keeps the highly institutional and financially powerful companies away from the programs and they are assumed as waste of time for them. The deficiencies on the financial structure and human resource quality of the companies using support programs lead to decrease on fund transfer ratio, at the same time they increase the added-value effect. Not transferring the planned budget to the market in time creates loss on the country economy. It has been predicted that institution employees' adopting institution policy and transferring this to the company, simplifying the process of the support programs, company structure's developing project culture and helping counseling occupation to develop will lead the usage of support to raise and contribute to SMEs' advantage. Key Words: government support, grant, encouragement, credit, Funds Transfer Rate.