“The 2009 EIS includes a separate analysis of the EU27 performance compared with the United States and Japan based on a set of comparable indicators. This shows that there has been a continued improvement in the EU27’s performance relative to the U.S. and a stable performance gap relative to Japan. Nevertheless, there remains a significant gap between the EU27 and these two countries and catching up with the U.S. seems to have flattened out,” read the economic report, released by Pro Inno Europe.
According to cluster analysis, Denmark, Finland, Germany, Sweden, Switzerland and the United Kingdom are economic innovation leaders amongst European countries.
Bulgaria, Croatia, Latvia, Romania, Serbia and Turkey are considered needing to catch-up.
“Within the leaders, Switzerland is the growth leader but also Finland and Germany show a growth performance clearly above that of the EU27.
What is leading to growth? In Europe, the strongest drivers of growth are throughputs, finance and support and human resources.
KEY HIGHLIGHTS
– Germany, Cyprus, Malta and Romania are the EU27 countries displaying the largest improvement within their peer groups.
– An impressive average annual growth rate over the last five years has led Estonia and Cyprus to catch up with the EU27 average innovation performance in 2009.
– Although the EU27 has been, overall, improving its innovation performance, the economic crisis may threaten this good progress, particularly in lower performing countries having shown high rates of improvement in their innovation performance.
– The catching up in the innovation gap with the US and Japan has ceased or even reversed.
– Within the BRIC countries, China displays the strongest performance.
– There are only small differences in innovation between manufacturing and services.
– Internationalization and innovation performance closely linked
DOWNLOAD EIS 2009 ECONOMIC REPORT
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