European Commission publishes Innovation Union Scoreboard 2015
On 7 May 2015, the European Commission published the Innovation Union Scoreboard 2015 (IUS). The annual Innovation Union Scoreboard provides a comparative assessment of the research and innovation performance of the EU Member States by means of a total of 25 indicators encompassing the external conditions for innovation, the level of firms own innovation activity and how this translates into benefits for the whole economy..
According to the IUS 2015, the EU’s overall level of innovation has remained stable. Despite some improvements in human resources, business investments in R&D and the quality of science, however, there is a decline in the number of innovative firms, in SME innovations, patent applications, exports of high-tech producs, venture capital investments, as well as sales of innovative products.
Once again, Sweden leads the country ranking, followed by Denmark, Finland and Germany, as the group of innovation leaders (countries with innovation performance well above that of the EU average).
Within the group of innovation followers (countries with innovation performance above or close to that of the EU average), Austria loses one place compared to 2014 and is now in 11th position. The other innovation followers are Belgium, France, Ireland, Luxembourg, Netherlands, Slovenia and the United Kingdom.
The group of moderate innovators (countries with innovation performance below that of the EU average) consists of Croatia, Cyprus, the Czech Republic, Estonia, Greece, Hungary, Italy, Lithuania, Malta, Poland, Portugal, Slovakia and Spain. Bulgaria, Latvia and Romania are rated as "modest innovators" (countries with innovation performance well below that of the EU average).
The fastest growing innovators are Malta, Latvia and Bulgaria, Ireland, the UK and Poland. On a global level, the EU is still outperformed by the US, Japan and South Korea, and also in Europe by Switzerland, but the EU maintains a performance lead over Australia and Canada, and to a greater extent over the BRICS countries (Brazil, Russia, India, China and South Africa).
For further information:
Innovation Union Scoreboard - fact sheet (overview of results)