a new growth model centred around a shift towards more home-grown innovation, digitalisation, climate change mitigation …

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 …

Innovation in the European Union remains weak according to a number of key "input" indicators, especially R …'s innovation gap relative to the US results from an inappropriate industrial structure in which new firms do not play a significant … role, especially in new high-tech sectors. This view of a structural EU innovation deficit has many supporters. But it has …