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Sweden is the best country in the EU when it comes to getting new ideas to reach the market, according to a new innovation indicator launched by the European Commission. The new indicator measures innovation output, which creates better jobs and makes Europe more competitive, the Commission said.

The proposed indicator is based on technological innovation as measured by patents, employment in knowledge-intensive activities as a percentage of total employment, competitiveness of knowledge-intensive goods and services, and employment in fast-growing firms operating in innovative sectors.

To read the original article: Sweden is Europe's most innovative economy, Commission says | EurActiv