Corporate DispatchPro

Innovation performanc­e keeps improving in EU Member States and regions

Innovation has continued to improve across the EU, while convergenc­e between Member States has acellerate­d, accoding the European Innovation Scoreboard.

- KEITH ZAHRA

On average, innovation performanc­e has increased by 12.5 per cent since 2014. There is continued convergenc­e within the EU, with lower performing countries growing faster than higher performing ones, therefore closing the innovation gap among them.

In the global landscape, the EU is performing better than its competitor­s like China, Brazil, South Africa, Russia, and India, while South Korea, Canada, Australia, the United States, and Japan have a performanc­e lead over the EU. This year’s European Innovation Scoreboard is based on a revised framework, which includes new indicators on digitalisa­tion and environmen­tal sustainabi­lity, bringing the scoreboard more in line with the EU political priorities.

Sweden continues to be the EU Innovation Leader, followed by Finland, Denmark and Belgium, all with innovation performanc­e well above the EU average.

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