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Monday, 07 February 2011

Innovation gap widens; Sweden, Denmark rank top

When it comes to innovation, the European Union still leads India and Russia, but Brazil is making steady progress and China is catching up quickly, according to latest figures released by the European Commission. Sweden ranks top in innovation, followed by Denmark, Finland and Germany. And yet the EU is failing to close the innovation gap with its main competitors, the United States and Japan. "If Europe stands still we will see the US disappear into the distance just as we feel emerging nations breathing down our necks […] Europe is 27 countries and our efforts on research and innovation have been more fragmented than we can afford," said Máire Geoghegan-Quinn, commissioner for research, innovation and science. The first scoreboard under the Innovation Union initiative comes just days before EU leaders meet in Brussels for a one-day summit on energy and innovation.

Source: Euractiv

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