classes across all sectors and all EU Member States, we identify different innovation profiles based on a firm's R …&D investment and/or innovation activities. We find that "basic" firms - i.e. firms that do not engage in any type of R&D or … innovation - are more common among young SMEs, while innovators - i.e. firms that do R&D and introduce new products, processes or …

The EU's stagnation on many innovation indicators led to a number of efforts to spur a turnaround. One of most visible … innovation. But does this strategy address the right issues to promote innovation? Is Horizon 2020 right to ignore geographical … Horizon 2020 actually having on innovation in the EU? …

potential and, in particular when it comes to lack of risk capital, their innovation and R&D activity. Against this background …

A growing literature investigates how firms' innovation input reacts to changes in the business cycle. However, so far … there is no evidence whether there is cyclicality in the effects of innovation on firm performance as well. In this paper …. (2014), our empirical analysis reveals four important findings: First, the net effect of product innovation on employment …

classes across all sectors and all EU member states, the authors identify different innovation profiles based on a firm’s R …&D investment and/or innovation activities. Basic firms - i.e. firms that do not engage in any type of R&D or innovation - are more … market. To further explore why young SMEs are not more active in innovation, the authors explore their access to finance. It …