Sweden, Germany, Ireland and Luxembourg are top performers in delivering innovation, according to a new indicator proposed by the European Commission on 13 September. While Japan and Switzerland are the world leaders, the EU holds steady with the US in innovation output.
The new "Indicator of Innovation Output" measures the extent to which ideas stemming from innovative sectors are able to reach the market, provide better jobs and make Europe more competitive. The highest scores went to economies with a high share of knowledge-intensive sectors, fast-growing innovative firms, high levels of patenting and competitive exports.
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To read the original article: Sweden getting the most out of innovation according to Commission’s new indicator - Science|Business
