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 …

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 …