Substantial progress on innovation in Europe
The 2008 European Innovation Scoreboard (EIS) published on 22 January shows the EU making substantial progress in its innovation performance preceding the financial crisis. The "innovation gap" between the EU and both the US and Japan was reduced, thanks in particular to progress made by many new Member States such as Cyprus, Romania and Bulgaria. Across the EU, particular progress was made in human resources and the availability of finance for innovation. However, innovative investments by businesses are still relatively weak, especially when compared to the US and Japan.
The 2008 Science, Technology and Competitiveness report, published the same day, provides a more in-depth analysis of trends in public and business R&D, technological performance and progress in implementing the European Research Area.
The JRC Institute for the Protection and Security of the Citizen (IPSC) has been providing statistical support to the authors of the Innovation Scoreboard for the methodology used to construct its composite indicators and in the preparation thematic reports. The 2008 Scoreboard has benefited particularly from the IPSC's recent report “European Innovation Scoreboard: strategies to measure country progress over time”, discussing a range of composite indicator growth formulas to measure real progress over time.