RT Journal Article T1 How public funding affects complexity in R&D projects. An analysis of team project perceptions. A1 González-Varona, José Manuel A1 Martín-Cruz, Natalia A1 Acebes Senovilla, Fernando A1 Pajares Gutiérrez, Javier K1 Inversiones públicas K1 Gestión de proyectos AB In this paper, we apply a case study approach to advance current understanding of what effects public co-funding of R&D projects have on project team members’ perceived complexity. We chose an R&D project carried out by an industrial SME in northern Spain. The chosen research strategy was a qualitative approach, and sixteen employees participated in the project. We held in-depth semi-structured interviews at the beginning and end of the co-funded part of the project. NVivo data analysis software was used for qualitative data analysis. Results showed a substantial increase in perceived complexity. We observed that this was due to unresolved tension between the requirements of the project’s co-financing entity and normal SME working procedures. New working procedures needed to be developed in order to comply with the co-financing entity’s requirements. However, overall perceived complexity significantly decreased once the co-financed part of the project was completed. PB Elsevier SN 0148-2963 YR 2023 FD 2023 LK https://hdl.handle.net/10630/32806 UL https://hdl.handle.net/10630/32806 LA eng NO González-Varona, J. M., Martín-Cruz, N., Acebes, F., & Pajares, J. (2023). How public funding affects complexity in R&D projects. An analysis of team project perceptions. Journal of Business Research, 158, 113672. NO We are grateful to the INSISOC research group for the support received for this work. We also thank the funding of the K1ØSK project by the Regional Government of Castilla y León (Spain) and the European Regional Development Fund (ERDF) with grant VA180P20. Furthermore, we thank the company “Pressure” and the “Smart” project team for kindly providing the data for data collection. We also thank all the interviewed participants for their valuable input. DS RIUMA. Repositorio Institucional de la Universidad de Málaga RD 19 ene 2026