"Pact for innovation" to promote the EU’s major aim of convergence

by Alexander S. Kritikos

Economic convergence is a major aim of the EU. Innovation and investment in economically weaker regions are key steps to foster convergence • Public institutions and the regulatory environment for investments differ substantially across EU member states and increase economic disparities • Pact for Innovation: structural funds with a strong focus on innovation; access to funding only granted if structural reforms are implemented • This should ultimately harmonize the regulatory environment and support convergence through growth

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Year of publication:	2019
Authors:	Kritikos, Alexander
Published in:	DIW weekly report : economy, politics, science : a policy bulletin from the German Institute for Economic Research. - Berlin : DIW, ISSN 2568-7697, ZDB-ID 2916740-1. - Vol. 9.2019, 16/18, p. 146-147
Subject:	EU \| growth sectors \| innovation \| SME \| knowledge-intensive services \| regulatory environment \| public institutions \| KMU \| Innovation \| Innovationsmanagement \| Innovation management \| Wissensintensives Unternehmen \| Knowledge-intensive industry \| EU-Staaten \| EU countries \| Technologiepolitik \| Technology policy \| Dienstleistungssektor \| Service industry \| Deutschland \| Germany