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Europe may still be in the grips of a financial crisis, but that hasn't stopped a number of countries investing in innovation and research and development.

An annual study by the European Commission, titled the Innovation Union Scoreboard (IUS) shows that in 2011, while some nations are lagging in their "innovation performance" (the state of R&D and innovation), 16 of the 34 European countries surveyed performed as well as or better than the EU average.

To read the full, original article click on this link: These 16 Countries Are Leading European Innovation