The world often perceives all of the European nations to be at par with each other when it comes to technology and innovation and while that is almost true, some EU nations do need to improve a lot in order to give the rapidly progressing China a tough competition. In this spirit of improvement, European Commission has given out the 2018 ranking on innovation in Europe. The ranking is based on several factors such as the number of innovators in a country, or if the country has an innovation friendly environment or not and many more. Check out the top five innovative countries in Europe to see if your favourite one has made it to the list.
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5. United Kingdom: 121.5 points
Image: Flickr Creative Commons / Giuseppe Milo
Innovation in human resources: 165.2 points.
Attractive research systems: 137.8 points.
Innovation-friendly environment: 183.7 points.
Finance and innovation support: 110.3 points.
Investment in private sector innovation: 132.5 points.
Innovators: 141.4 points.
Synergy between the public and private sectors to innovate: 132.6 points.
Intellectual Assets: 146.7 points.
Employment: 83.5 points.
Exports and sales of innovative companies: 77.6 points.
2. Denmark: 132.4 points
Image: Shutterstock.com/Pocholo Calapre
Innovation in human resources: 184.2 points.
Attractive research systems: 181.7 points.
Innovation-friendly environment: 197.8 points.
Finance and innovation support: 102.6 points.
Investments in innovation from the private sector : 109.1 points.
Innovators : 111.9 points.
Synergy between the public and private sectors to innovate: 131.3 points.
Intellectual Assets: 165.8 points.
Employment : 100.5 points.
Exports and sales of innovative companies : 75.1 points.
1. Sweden: 140.8 points
Image: Flickr Creative Commons / Ray Swi-hymn
Innovation in human resources: 179.6 points.
Attractive research systems: 176.5 points.
Innovation-friendly environment: 190.5 points.
Finance and innovation support: 111.6 points.
Investments in innovation from the private sector: 157.9 points.
Innovators: 126.8 points.
Synergy between the public and private sectors to innovate: 131 points.
Intellectual Assets: 156.6 points.
Employment: 131.4 points.
Exports and sales of innovative companies: 82.1 points.
h/t: Business Insider