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Sweden, Germany, Ireland and Luxembourg are the EU Member- States getting the most out of innovation, according to a new indicator proposed by the European Commission on Friday.

The "Indicator of Innovation Output" measures the extent to which ideas from innovative sectors are able to reach the market, providing better jobs and making Europe more competitive. The indicator was developed at the request of EU leaders to benchmark national innovation policies, and shows that significant differences remain between EU countries.

To read the original article: European Commission Launches New Innovation Indicator