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12.07.14|Greece within the “moderate innovators” according to the Innovation Union Scoreboard 2014

ius-2014-coverWhile Europe is gradually closing its innovation gap with the United States and Japan, differences in performance between EU Member States are still high. At a regional level, the innovation gap is widening given that the innovation performance has become worst in almost one fifth of EU regions.

These are the main results of the European Commission’s Innovation Union Scoreboard 2014 and the Regional Innovation Scoreboard 2014. According to the Innovation Union Scoreboard the performance of Greece is below that of the EU average and Greece can be grouped under the “Moderate innovators”. The champion at the innovation “speed race” is Sweden, followed by Denmark, Germany and Finland -the four countries that invest most in research and innovation-. The countries whose position has improved the most are Portugal, Estonia and Latvia.

The Innovation Union Scoreboard 2014 divides Member States into four different performance groups:

  • Denmark (DK), Finland (FI), Germany (DE) and Sweden (SE), with innovation performance well above that of the EU average are “Innovation Leaders
  • Austria (AT), Belgium (BE), Cyprus (CY), Estonia (EE), France (FR), Ireland (IE), Luxembourg (LU), Netherlands (NL), Slovenia (SI) and the United Kingdom (UK) are “Innovation followers” with innovation performance above or close to that of the EU average
  • The performance of Croatia (HR), Czech Republic (CZ), Greece (EL), Hungary (HU), Italy (IT), Lithuania (LT), Malta (MT), Poland (PL), Portugal (PT), Slovakia (SK) and Spain (ES) is below that of the EU average and these countries are “Moderate innovators”
  • Bulgaria (BG), Latvia (LV) and Romania (RO) are “Modest innovators” with innovation performance well below that of the EU average

Figure: EU Member States’ innovation performance

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As the Commissioner Máire Geoghegan-Quinn, responsible for Research, Innovation and Science, pointed out: “The Scoreboard confirms once again that investment in research and innovation pays dividends in terms of economic performance. With a budget of nearly €80 billion over the next seven years, our new research and innovation programme Horizon 2020 will help us maintain this momentum. We need to increase innovation investment across the EU now, to reach our target of 3% of GDP by 2020.”

(source: Press Release – Europe more innovative but regional differences persist http://europa.eu/rapid/press-release_IP-14-198_en.htm )

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