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.
The 2019 European Innovation Scoreboard: key findings
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