24th June 2019

The European Commission's 2019 European Innovation Scoreboard and Regional Innovation Scoreboard

The European Commission's 2019 European Innovation Scoreboard and Regional Innovation Scoreboard published today show that the EU's innovation performance has been improving for four years in a row. For the first time ever, Europe's innovation outperforms that of the United States. However, the EU continues to lose some ground to Japan and South Korea, and China is catching up fast, European Commission says in a press release

 

 

Country profile for Czechia

 

 

Innovators and Firm investments, are the strongest innovation dimensions. Czechia scores high on Employment fast-growing enterprises of innovative sectors, Medium and high-tech product exports, and SMEs innovating in-house. Finance and support, Intellectual assets and Attractive research systems are the weakest innovation dimensions. Low-scoring indicators include Venture capital expenditures, PCT patent applications, and Most cited publications.

Average annual GDP growth, the employment share in manufacturing, and the value-added share of foreign-controlled enterprises are well above the EU average. Enterprise births and top R&D spending enterprises per 10 million population are well below the EU average, the report outlines.

 

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The 2019 European Innovation Scoreboard: key findings

  • Based on their scores, EU countries fall into four performance groups: innovation leaders, strong innovators, moderate innovators and modest innovators. Sweden is the 2019 EU innovation leader, followed by Finland, Denmark and the Netherlands. The United Kingdom and Luxembourg dropped from the top rank of innovation leader status to the strong innovators group, while Estonia joins the strong innovators group for the first time.
  • On average, the innovation performance of the EU has increased by 8.8% since 2011. Since 2011, the innovation performance increased in 25 EU countries. Performance has increased the most in Lithuania, Greece, Latvia, Malta, the United Kingdom, Estonia, and the Netherlands, and decreased the most in Romania and Slovenia.
  • At the global level, the EU has surpassed the United States. The EU's performance lead over Brazil, India, Russia, and South Africa remains considerable. However, China is catching up three times as fast as the EU's innovation performance is growing. Relative to Japan and South Korea, the EU has been losing ground.
  • In selected areas of innovation, the best performing EU countries are: Denmark – human resources and innovation-friendly environment; Luxembourg – attractive research      systems; France – finance and support; Germany – firm investment; Portugal – SME innovators; Austria – linkages; Malta – intellectual assets; Ireland – employment impacts and sales impacts.

 

The 2019 Regional Innovation Scoreboard: key findings

The 2019 Scoreboard is accompanied by the Regional Innovation Scoreboard. It provides a comparative assessment of performance of innovation systems across 238 regions of 23 EU Member States, while Cyprus, Estonia, Latvia, Luxembourg, and Malta are included at the country level. In addition, the Regional Innovation Scoreboard also covers regions from Norway, Serbia, and Switzerland.

The most innovative regions in the EU are Helsinki-Uusimaa, Finland followed by Stockholm, Sweden and Hovedstaden, Denmark. For 159 regions, performance has increased in the nine-year observation period. This year's Regional Innovation Scoreboard demonstrates a strong convergence in regional performance with decreasing performance differences between regions.

Source: European Commission 

Members of the American Chamber of Commerce in the Czech Republic