The Commission published this week a fresh European Innovation Success Ranking, which shows an increase in success across the Union in the field of innovation. Since 2014, the success has increased by an average of 12.5 percent, the Commission stated, and a continuous convergence within the EU has been recorded, with results in lower-ranked countries growing faster than those in more successful ones, thus reducing the differences in innovation results among member states. On a global level, the EU is ahead of competitors such as China, Brazil, South Africa, Russia, and India, while South Korea, Canada, Australia, the United States, and Japan are more successful.
Alignment with Priorities
This year’s European Innovation Success Ranking is based on a revised framework that includes new indicators of digitalization and ecological sustainability, thereby better aligning the indicator table with the political priorities of the EU. 'European innovations such as the technologies underlying new vaccines against COVID-19 are crucial in the fight against the current pandemic and its overcoming. The increasing success of the EU in the field of innovation is a very positive sign. By investing in innovation, we are investing in our ability to be technological leaders for a sustainable, digital, and resilient economy and society', commented Internal Market Commissioner Thierry Breton.
