Sweden remains innovation leader
23 June, 2017
The EU's innovation performance last year continued to grow despite somewhat uneven progress observed around Europe. This is one of the main findings of the latest Innovation Scoreboard published by the European Commission, 20 June. Overall, innovation performance has improved in 15 countries, though large differences exist between these Member States. Sweden remains the innovation leader while Lithuania, Malta, the Netherlands, Austria and the UK are the fastest growing innovators. In a global perspective, the EU is catching up with Canada and the US, but South Korea and Japan are pulling ahead. China shows the fastest progress among international competitors.
"EU industry continues to innovate, but we are still lagging behind global innovation leaders. In times of globalisation and rapid technology changes, innovation remains essential for the prosperity of our citizens and the wider European economy. The Commission's Start-up and Scale-up Initiative and New Skills Agenda aim to further improve an ecosystem for innovation to thrive", Elzbieta Bienkowska, Commissioner for Internal Market, Industry, Entrepreneurship and SMEs, said.