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News article9 July 2024European Innovation Council and SMEs Executive Agency1 min read

European Innovation Scoreboard 2024: Europe's Innovation Performance Continues to Improve

EIS2024

The European Innovation Scoreboard (EIS), released every year since 2001, offers a comparative evaluation of the research and innovation (R&I) achievements among European Union (EU) Member States, neighbouring European nations, and selected global competitors.

It assists stakeholders in identifying areas requiring focused efforts to enhance innovation performance, taking into account the national socio-economic context, which is complemented by a set of structural indicators for interpreting the outcomes. The EIS findings can highlight specific strengths and weaknesses within national innovation systems, guiding policymakers on where to prioritise attention.

According to the Scoreboard, between 2023 and 2024, the innovation performance of 15 Member States improved, while another group of 11 experienced a decline. Croatia's performance remained stable during this period.

In the global context, the EU holds a strong position, showing significant performance across various indicators such as small and medium enterprises (SMEs) introducing innovations in products, processes, and environment-related technologies. However, the EU continues to encounter challenges in comparison to its primary global competitors, particularly in areas related to intellectual assets, collaboration among innovative SMEs, and research and development expenditure in the business sector.

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