Scoreboard shows EU more innovative, but gap between countries widening

EU News 153/2013

IP/13/270
Brussels, 26 March 2013

Innovation performance in the EU has improved year on year in spite of the continuing economic crisis, but the innovation divide between Member States is widening. This is the result of the European Commission Innovation Union Scoreboard 2013, a ranking of EU Member States. While the most innovative countries have further improved their performance, others have shown a lack of progress. The overall ranking within the EU remains relatively stable, with Sweden at the top, followed by Germany, Denmark and Finland. Estonia, Lithuania and Latvia are the countries that have most improved since last year. Drivers of innovation growth in the EU include SMEs and the commercialisation of innovations, together with excellent research systems. However the fall in business and venture capital investment over the years 2008-2012 has negatively influenced innovation performance.

Source and additional information:
http://europa.eu/rapid/press-release_IP-13-270_en.htm?locale=en

Antonio Tajani & Maire Geoghegan-Quinn Date: 26/03/2013 Reference: P-022958/00-02 Location: Brussels - EC/Berlaymont (C)EU, 2013 URL

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