The European Innovation Scoreboard – 2016

At this time of year, there a numerous surveys and assessments ranking countries and regions in terms of research and development and innovation (see below for other related posts). In the EU, this is through the European Innovation Scoreboard, the Regional Innovation Scoreboard, and the Innobarometer.

European Innovation Scoreboard 2016: Top 10 countries

  1. Sweden
  2. Denmark
  3. Finland
  4. Germany
  5. Netherlands
  6. Ireland
  7. Belgium
  8. UK
  9. Luxembourg
  10. Austria

Germany finished in fourth position, with Sweden at the top of the list. However, while Germany has the largest share of private investment in innovation, Belgium is the best at collaboration and Sweden has the most innovative SMEs.

The UK and the Netherlands–along with countries such as Latvia, Malta and Lithuania–showed the fastest rates of growing innovation in their economies.

The EU Scoreboard takes into account factors such as levels of education, scientific publications, R&D expenditure, venture capital, and the number of patent applications. These are all assessed to arrive at a ranking for each country.

Related posts:

Photo credit: “www.colourbox.com”. Material used in the preparation of this article has been drawn from European Commission.

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