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? …

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 …

dynamics. We investigate this reallocation in terms of employment gains and losses from innovation. New employment created by … product innovation may be offset by employment losses in related products, known as ‘cannibalisation’ or ‘business stealing …’ effects in the literature, by employment losses from process and organisational innovation and by general productivity …