EU ranks Ireland 3rd best on innovation

A proposed new indicator of innovation output places Ireland third in the European Union for getting the most out of innovation.

13th September, 2013
Ireland ranked as a "top performer" with a score of 124.8, well above the EU average.

A proposed new indicator of innovation output places Ireland third in the European Union for getting the most out of innovation.

Ireland ranked as a "top performer" with a score of 124.8, well above the EU average (set to 100 in 2010). Sweden, Germany and Luxembourg also scored above 120.

High scoring countries had highly skilled labour forces and a business environment that encourages fast growing innovative firms, resulting in a high level of patenting, competitive exports and high...

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