Comparing the EU27 with a selected group of major global competitors, this year’s Innovation Union Scoreboard edition again confirms that the US, Japan and South Korea have a performance lead over the EU27 with South Korea joining the US as most innovative country. Although this lead has been increasing for South Korea, the EU27 has been able to close almost half of the gap with the US and Japan since 2008. The global innovation leaders US, Japan and South Korea are particularly dominating the EU27 in indicators capturing business activity as measured by R&D expenditures in the business sector, Publicprivate co-publications and PCT patents but also in educational attainment as measured by the Share of population having completed tertiary education.
The EU27 continues to have a performance lead over Australia, Canada and all BRICS countries (Brazil, Russia, India, China and South Africa). However, this lead has been declining with China, remained stable with the other BRICS countries and has been increasing compared to Australia and Canada.
For full report, see Innovation Union Scoreboard 2013.