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Portugal ranks 29th among 52 countries surveyed by the Cotec's Innovation Barometer, just ahead of Spain, on a list led by Switzerland, followed by the USA, Denmark, and Finland.

"Overall, Portugal is in the 29th position among 52 countries surveyed, with an index value of 3.52 points, very close to the global average of the countries surveyed (3.65), "the Innovation Barometer. The Barometer drawn up by Cotec Portugal, says that Switzerland ranks first with 5.05 points while Paraguay lies in last place (2.29 points). The place held by Portugal is "very near" the global average of the surveyed countries (3.65 points), although it is below the average of the OECD (Organization for Economic Cooperation and Development, European Union, Eurozone) and the CEE (Central and Eastern Europe), it is the best placed country in Southern Europe, surpassing even Spain (3.45 points). The Barometer is an innovation platform that provides information on innovation in Portugal, through the disclosure of indicators and statistics from the Research, Development and Innovation (RDI). These indicators and statistics will allow for the development of analysis and presentation of data on business innovation, namely innovation management practices. Additionally, a panel of "leaders" was established from various quarters of Portuguese society, which will issue its opinion on innovation issues every six months. At today's event diplomas certifying the management of innovation were awarded to 23 Portuguese companies, including Siemens, Nova base, Everis, SISCOG, Critical Software, and RAR Real Estate. Cotec Portugal is a business association for innovation. It is a completely non-profit organization that was created in April of 2003 to promote the competitive edge between Portuguese companies.

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