Denmark takes second spot as innovation leader in the EU

Denmark has been ranked second on the Innovation Union Scoreboard 2014 published by the European Commission. This underlines Denmark’s position as an ‘Innovation Leader’ with innovation performance well above that of the EU average.

According to the Innovation Union Scoreboard 2014, the EU and all EU member states have become more innovative in recent years but significant differences between member states still remain and the gaps are narrowing only slowly. Denmark, Finland, Germany and Sweden are ‘Innovation Leaders’ with innovation performances well above that of the EU average in all the categories on the scoreboard: from research and higher education systems, through business innovation activities and intellectual assets, to innovation in SMEs and economic effects, reflecting balanced national research and innovation systems.

In particular, Denmark scores highly in the following dimensions: Open, excellent and effective research systems, Linkages and entrepreneurship, Finance and support, Intellectual assets and last but not least Economic effects. In the first two dimensions, Denmark is performing more than nine and seven times better than the worst performing countries, Latvia and Romania respectively.

The annual Innovation Union Scoreboard provides a comparative assessment of the research and innovation performance of the EU member states and the relative strengths and weaknesses of their research and innovation systems. It helps member states assess areas in which they need to concentrate their efforts in order to boost their innovation performance.

Click to view the full report of the Innovation Union Scoreboard 2014