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The European Innovation Scorecard was released this month and there are some interesting trends among emerging countries - Denmark retains the lead for Innovation Performance in all of the EU states. (My hypothesis cyclists make good innovators!). Estonia, Sweden and Switzerland also in the mix. But it is interesting to see other emerging trends within the EU; measured by Framework Conditions, Investments, Innovation Activities and Impacts - the report itself tells a bigger story of what works 💥 and who benefits 👫 👬 👭 🌎 The document is a whopping 149-page overview, but sets the stage for an example that #Canada could surely follow as we measure our #Innovation outputs across the country. Report here 👉 https://lnkd.in/gBD7Q5hS

📈 **INNOVATION: Improving EU Performance** 🚀💡 According to the 2024 edition of the European Innovation Scoreboard, published by the European Commission, innovation performance has continued to improve in the majority of EU member states. 🔍 **Key Figures:** - **General Increase**: 10% increase since 2017 and 0.5% growth between 2023 and 2024. - **National Progress**: Between 2023 and 2024, 15 member states improved their innovation performance, while 11 experienced a decline. Croatia remained stable. 🏆 **Country Ranking:** - **Innovation Leaders**: Denmark remains at the top, followed by Sweden, which led between 2017 and 2022. - **Notable Changes**: Estonia joins the Strong Innovators due to steady growth since 2017. Belgium, previously a leader in 2023, moves down to the Strong Innovators category but remains fifth overall. 🌐 **Global Context:** - **Strong Performance**: The EU performs well in most indicators, particularly in SME product and process innovations and environmental technologies. - **Challenges**: The EU still needs to catch up with its main global competitors in terms of intellectual assets, collaboration between innovative SMEs, and business sector R&D expenditure. 💡 **Strengths and Weaknesses:** - **Innovation Leaders**: Attractive research systems and strong digitalization. - **Strong Innovators**: Robust innovation ecosystems with product and business innovations. - **Moderate Innovators**: Positive trends in research collaboration but still lagging behind. - **Emerging Innovators**: Positive trajectory in innovation but still trailing. 🌍 **Geographical Disparities:** - **North and West**: Most innovation leaders and strong innovators are located in Northern and Western Europe. - **South and East**: Mainly composed of moderate and emerging innovators. 📄 **For more details, see the full publication:** [Link to the publication](https://lnkd.in/e_4Cex43) #Innovation #Europe #Technology #Research #Development #Competitiveness #EU #SustainableEconomy #InnovateForTomorrow

🚀 Insights from Frankfurt: #Strengthening #German-#Thai #Business #Partnerships! 🚀 #TICTEC GmbH recently attended the impactful "Thailand Meets Germany - Forging Stronger Business Partnerships on Bio-Circular-Green Economy" event on June 6th, 2024. This event was a collaborative effort organized by the Eastern Economic Corridor Office of Thailand (EECO), the Royal Thai Embassy in Berlin, and the Royal Thai Consulate-General in Frankfurt, in partnership with IHK Frankfurt and the German-Thai Chamber of Commerce (GTCC). The seminar illuminated significant investment opportunities within Thailand's Eastern Economic Corridor (EEC), especially in the dynamic bio-circular-green economy sectors. Key takeaways included: 🌍 Strategic Advantages & Incentives: The EEC offers robust incentives and strategic advantages for businesses, making it a fertile ground for sustainable economic growth. 🤝 German-Thai Business Synergy: The potential for strong German-Thai partnerships was highlighted, fostering economic growth and innovation in sustainable industries. 🚀 Investment Opportunities: The EEC stands out as a beacon for investment in the bio-circular-green economy, presenting exciting prospects for businesses looking to expand and innovate. We are thrilled about the potential collaborations and growth this event has opened up for TICTEC GmbH and our partners. TICTEC: ‘Green Concepts, From Idea to Impact’. Let’s keep the momentum going and transform these insights into actionable steps! 🚀🌿 For more info, visit: www.wetictec.com 🌏💼✨ #TICTEC #BioCircularGreenEconomy #EEC #GermanyThailandPartnership #SustainableGrowth #BusinessOpportunities #Innovation #FrankfurtEvent #EECOpportunities

Scandinavian economies dominate the EU list of innovation champions and have significantly improved their scores over the years. Among large countries, innovation intensity in France and Germany is above average but has made little progress over the past six years. According to the European Innovation Scoreboard, the leading countries within the EU have lost momentum, but Europe remains a strong innovator. The underlying message is that Europe does not suffer from dramatic structural problems and that its lackluster economic performance will improve before long. Read more in the new #GISreport by Prof. Enrico Colombatto: https://lnkd.in/dpPyhhCu

The European Commission has recently unveiled the results of the European Innovation Scoreboard 2024, highlighting significant strides in #Lithuania’s innovation ecosystem. Over the period from 2023 to 2024, Lithuania has demonstrated the highest 📈 growth rate in the #EU, with an impressive increase of 3.7 percentage points, surpassing the EU average of 0.6%. This marks the highest level of development in Lithuania’s innovation ecosystem to date, reflected by a cumulative innovation index score of 92 points.

European Union Innovation Performance on the Rise! 📈 The European Innovation Scoreboard (#EIS) 2024 edition reveals a 10 % improvement in the EU's innovation performance since 2017, with a growth of 0.5 % from 2023 to 2024. 📍 Key insights: ◾ 15 Member States improved, 11 declined, and Croatia remained stable ◾ Denmark is the most innovative, followed by Sweden ◾ Europe Leader is Switzerland EU Strengths: ◾ SME innovations and environment-related tech ◾ Strong research systems and digitalization Challenges: ◾ Intellectual assets and SME collaboration ◾ Business sector R&D spending More information 👉 https://lnkd.in/dS6xtDxj  #EIS2024 #EUInnovation #Research

🥇🇧🇪 𝗕𝗲𝗹𝗴𝗶𝘂𝗺 = 𝗘𝘂𝗿𝗼𝗽𝗲𝗮𝗻 𝘀𝘁𝗿𝗼𝗻𝗴 𝗽𝗹𝗮𝘆𝗲𝗿 𝗶𝗻 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗮𝗻𝗱 𝗜𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝗼𝗻 🔎🇪🇺 The latest 𝗘𝘂𝗿𝗼𝗽𝗲𝗮𝗻 𝗜𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝗼𝗻 𝗦𝗰𝗼𝗿𝗲𝗯𝗼𝗮𝗿𝗱 for 2024 is out! This report provides annually a comparative assessment of research and innovation performance of EU Member States, neighbouring European countries and selected third countries. 📈 𝗕𝗲𝗹𝗴𝗶𝘂𝗺’𝘀 𝗶𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝗼𝗻 𝗽𝗲𝗿𝗳𝗼𝗿𝗺𝗮𝗻𝗰𝗲 𝗵𝗮𝘀 𝘀𝗶𝗴𝗻𝗶𝗳𝗶𝗰𝗮𝗻𝘁𝗹𝘆 𝗶𝗻𝗰𝗿𝗲𝗮𝘀𝗲𝗱 𝗼𝘃𝗲𝗿 𝘁𝗵𝗲 𝟮𝟬𝟭𝟳-𝟮𝟬𝟮𝟰 𝗽𝗲𝗿𝗶𝗼𝗱 and now leads the group of Strong innovators. Our performance is at 123.6% of the EU average, thus making Belgium the sixth most innovative Member state! 💯 𝗕𝗲𝗹𝗴𝗶𝘂𝗺 𝗶𝘀 𝗮𝗻 𝗶𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝗼𝗻 𝗹𝗲𝗮𝗱𝗲𝗿 𝗶𝗻: - Public-private co-publications - Innovative SMEs collaborating with others - International scientific co-publications 🔧 𝗦𝗶𝗻𝗰𝗲 𝟮𝟬𝟭𝟳, 𝗼𝘂𝗿 𝗰𝗼𝘂𝗻𝘁𝗿𝘆 𝗵𝗮𝘀 𝗺𝗮𝗱𝗲 𝗰𝗼𝗻𝘀𝗶𝗱𝗲𝗿𝗮𝗯𝗹𝗲 𝗲𝗳𝗳𝗼𝗿𝘁𝘀 𝗶𝗻: - Innovation expenditures per person employed - Resource productivity - SMEs introducing business process innovations 👏 These achievements reflect Belgium’s strong policy of support for public and private R&I, as well as the dynamism and excellence of our research institutions and companies. 𝗖𝗼𝗻𝗴𝗿𝗮𝘁𝘂𝗹𝗮𝘁𝗶𝗼𝗻𝘀 𝘁𝗼 𝗮𝗹𝗹 𝘁𝗵𝗲 𝗕𝗲𝗹𝗴𝗶𝗮𝗻 𝗥&𝗜 𝗮𝗰𝘁𝗼𝗿𝘀 for driving our country's success!   Service public de Wallonie | Fédération Wallonie-Bruxelles | Wallonie-Bruxelles International (WBI) | Wallonia Export & Investment Agency | EU Science, Research and Innovation Wal-Tech | Université de Liège | UCLouvain - Université catholique de Louvain | UMONS | Université libre de Bruxelles | Université de Namur | UCLouvain Saint-Louis Bruxelles | F.R.S. - FNRS | Réseau LiEU | SynHERA | Académie de recherche et d'enseignement supérieur - ARES Pôle MecaTech | BioWin - The Health Cluster of Wallonia | Wagralim | Skywin | GreenWin | LOGISTICS IN WALLONIA Wallonie-Bruxelles International - Research and Innovation | Loïc Lefevre | Paul Hyvernat | Anaëlle Demarche

The European Commission has recently unveiled the results of the European Innovation Scoreboard 2024, highlighting significant strides in #Lithuania’s 🇱🇹innovation ecosystem. Over the period from 2023 to 2024, Lithuania has demonstrated the highest 📈 growth rate in the #EU 🇪🇺, with an impressive increase of 3.7 percentage points, surpassing the EU average of 0.6%. This marks the highest level of development in Lithuania’s innovation ecosystem to date, reflected by a cumulative innovation index score of 92 points. 💬 “Lithuania’s innovation ecosystem has been growing steadily for many years, and this well reflects in the European Innovation Scoreboard. Our country’s innovation growth is 10% ahead of the EU average. We continue to be on this path with determination, with a number of new funding calls for innovation in the period 2023-2024 alone, which offer an even better growth outlook. We also need to continue investing in strengthening the whole ecosystem, fostering collaboration between science and business, and developing innovative solutions,” stated Ausrine Armonaite, Minister for Economy and Innovation. ☑️ In the annual Innovation Scoreboard, Lithuania has climbed to the 18th position among EU Member States, surpassing Portugal. From 2017 to 2024, Lithuania has shown consistent progress, culminating in a 16% improvement over this period. Similar advancements are observed in countries such as Belgium and Italy, each with a 15% increase. More information on this - link below in the comments. #LTinEU #LithuaniaInEU #LTPermRepEU

The European Innovation Scoreboard 2024 is out, and Denmark comes out in top 👩🏼🎓👨🏻🎓👩🏽🔬🧑🏻🏫🧑🏼🚀👷🏽♂️ The link between #highereducation #entrepreneurialmindset #startups #deeptech and favourable #incubation and #scaleup labs and environments play a large role as well as enabling policy frameworks 🌎🔭🔬🧬💉🦠🧫🧪🌿🍠🫘🥜🌊📊🏅