an efficient innovation system or substantial R&D investments, were ignored. Going forward, governmental reforms should …

Economic convergence is a major aim of the EU. Innovation and investment in economically weaker regions are key steps … member states and increase economic disparities • Pact for Innovation: structural funds with a strong focus on innovation …

Entrepreneurs, creators of new firms, are a rare species. Even in innovation-driven economies, only 1-2% of the work … environment is receptive to innovation. In addition, policymakers need to prepare for the potential job losses that can occur in …

), allows for causal interpretation of the relationship between innovation output and labor productivity. We find that knowledge … intensive services benefit from innovation activities in the sense that these activities causally increase their labor …