How innovative is Europe? Answer in September
The publication of the European innovation scoreboard in September will give the best indication yet of the state of innovation in each EU Member State. Drawing on analyses of 17 indicators, the scoreboard will provide the first set of findings, which will be annually updated. The 17 indicators are grouped into four areas: human resources; knowledge creation; transmission and application of new knowledge; and innovation finance output and markets. The results of the scoreboard are designed to foster debate on both policy and business levels and also to increase innovation policy coordination. The initiative comes following the Commission's adoption of a communication on innovation in 2000 entitled 'innovation in a knowledge based economy', and was one of the commitments made at the March 2000 Lisbon summit, which called for Europe to become the world's most competitive knowledge-based economy.