| Author (Corporate) | European Commission: DG Communication |
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| Series Title | Press Release |
| Series Details | IP/11/114 (1.2.11) |
| Publication Date | 01/02/2011 |
| Content Type | News |
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The EU is failing to close the innovation performance gap with its main international competitors: the US and Japan. Although the trends in most EU Member States are promising despite the economic crisis, progress is not fast enough. While the EU still maintains a clear lead over the emerging economies of India and Russia, Brazil is making steady progress, and China is catching up rapidly. Within the EU, Sweden is the most impressive performer followed by Denmark, Finland and Germany. The UK, Belgium, Austria, Ireland, Luxembourg, France, Cyprus, Slovenia and Estonia, in that order, form the next group. These are some of the main conclusions from the 2010 Innovation Union Scoreboard (IUS) published by the European Commission in February 2010. This is the first edition under the Innovation Union initiative and replaces the former European Innovation Scoreboard (EIS). The Scoreboard feeds into the recently published Annual Growth Survey to help Member States identify strengths and weaknesses and to boost innovation performance through their Europe 2020 National Reform Programmes. |
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| Source Link | Link to Main Source http://europa.eu/rapid/pressReleasesAction.do?reference=IP/11/114&format=HTML&aged=0&language=EN&guiLanguage=en |
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| Subject Categories | Business and Industry |
| Countries / Regions | Europe |
