Iceland is one of the top countries in Europe, when it comes to innovation, the latest European Innovation Scoreboard, prepared by the EU reveals. The scoreboard, which assess the innovation performance of European countries, ranks the innovation performance and the innovation system of Iceland as the eight best in Europe.
High levels of human capital, strong innovation systems
The scoreboard provides a comparative analysis of innovation performance in European countries, assessing relative strengths and weaknesses of national innovation systems. Indicators such as human capital, including education levels as well as various government and industry policies are used to gauge the degree to which a country is able to generate and sustain innovation.
According to the scoreboard Iceland (pdf) is a strong innovator. Among the relative strengths of Iceland are an innovation friendly environment, attractive research systems and high levels of human capital. Iceland scores 121.7 (100 = EU average score in 2010).
Iceland should be in the top five by 2020
The scoreboard places four of the five Nordic countries in the top ten. In addition to Iceland Sweden, Denmark and Finland occupy spots 2, 3 and 4. Norway comes in 12th. The top spot on the scoreboard is taken by Switzerland.
The Federation of Icelandic Industry notes in a press release that the result is a testament to the success Iceland has made in recent years, as well as an encouragement to do even better. The innovation policy of the Federation aims at Iceland being ranked in the top five by 2020.
Iceland is one of the top countries in Europe, when it comes to innovation, the latest European Innovation Scoreboard, prepared by the EU reveals. The scoreboard, which assess the innovation performance of European countries, ranks the innovation performance and the innovation system of Iceland as the eight best in Europe.
High levels of human capital, strong innovation systems
The scoreboard provides a comparative analysis of innovation performance in European countries, assessing relative strengths and weaknesses of national innovation systems. Indicators such as human capital, including education levels as well as various government and industry policies are used to gauge the degree to which a country is able to generate and sustain innovation.
According to the scoreboard Iceland (pdf) is a strong innovator. Among the relative strengths of Iceland are an innovation friendly environment, attractive research systems and high levels of human capital. Iceland scores 121.7 (100 = EU average score in 2010).
Iceland should be in the top five by 2020
The scoreboard places four of the five Nordic countries in the top ten. In addition to Iceland Sweden, Denmark and Finland occupy spots 2, 3 and 4. Norway comes in 12th. The top spot on the scoreboard is taken by Switzerland.
The Federation of Icelandic Industry notes in a press release that the result is a testament to the success Iceland has made in recent years, as well as an encouragement to do even better. The innovation policy of the Federation aims at Iceland being ranked in the top five by 2020.
