11.04.2013

Finland ranked among EU’s innovation leaders

Finland’s innovation growth for knowledge-intensive services was the highest off all EU member States.

Finland is ranked among the top four innovation leaders in the EU by the European Commission’s annual Innovation Union Scoreboard. The scoreboard provides a comparative assessment of the research and innovation performance of the member states and the relative strengths and weaknesses of their research and innovation systems.

Finland’s relative strengths are in human resources and finance and support, with a significantly above average performance compared to the EU27 member states.

Strength in knowledge-intensive services

According to the scoreboard, high innovation growth is observed in Finland for community trademarks, knowledge-intensive services exports, and license and patent revenues from abroad. Finland’s innovation growth for knowledge-intensive services was the highest off all EU member states. Finland’s performance in intellectual assets and innovators was also well above average.

Finland’s relative weaknesses identified by the scoreboard were in the categories for the number of non-EU doctorate students, innovative small and medium enterprises collaborating with others, and small and medium enterprises innovating in-house.

Source: Innovation Union Scoreboard