The effect of innovative SMEs' growth to the structural renewal of the EU economy - A projection to the year 2020 -
The Policy Brief addresses the following question: To what extent the high-growth of current innovative R&D-intensive SMEs can drive the envisaged structural change of the EU economy towards high R&D intensive sectors? It aims to contribute to the debate about how to set the right priorities and find the most appropriate policy interventions to allow Europe to reach the 3% R&D intensity target and hence its growth and employment objectives. It first summarises stylised findings from the literature on the relevance of innovative companies for economic growth, then presents results from a recent JRC-IPTS study which go some way towards answering the question posed above, and concludes by outlining some of the contributions that enrich the policy debate.
MONCADA PATERNO' CASTELLO Pietro;
VOIGT Peter;
2013-09-11
Publications Office of the European Union
JRC83400
978-92-79-31467-4,
1831-9424 (online),
EUR 26036,
OP LB-NA-26036-EN-N (online),
http://iri.jrc.ec.europa.eu/documents/10180/36798c15-36f3-498d-8d15-53e3d8ba98b6,
https://publications.jrc.ec.europa.eu/repository/handle/JRC83400,
10.2788/56301 (online),
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