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European Commission reveals the 2018 ranking on innovation in Europe!

The world often perceives all of the European nations to be at par with each other when it comes to technology and innovation and while that is almost true, some EU nations do need to improve a lot in order to give the rapidly progressing China a tough competition. In this spirit of improvement, European Commission has given out the 2018 ranking on innovation in Europe. The ranking is based on several factors such as the number of innovators in a country, or if the country has an innovation friendly environment or not and many more. Check out the top five innovative countries in Europe to see if your favourite one has made it to the list.

5. United Kingdom: 121.5 points

Image: Flickr Creative Commons / Ben Cremin

Innovation in human resources: 151.4 points.

Attractive research systems: 173.2 points.

Innovation-friendly environment: 93.2 points.

Finance and innovation support: 107.6 points.

Investments in innovation of the private sector: 101.9 points.

Innovators: 99.5 points.

Synergy between public and private sector to innovate: 133.5 points.

Intellectual Assets: 81.5 points.

Employment: 144 points.

Exports and sales of innovative companies: 123.2 points.

4. The Netherlands: 128.5 points

Image: Flickr Creative Commons/Norbert Reimer

Innovation in human resources: 146.1 points.

Attractive research systems: 182.6 points.

Innovation-friendly environment: 159.4 points.

Finance and innovation support: 130.2 points.

Investments in innovation of the private sector: 76.4 points.

Innovators: 127.3 points.

Synergy between public and private sector to innovate: 151.2 points.

Intellectual Assets: 126.6 points.

Employment: 115.3 points.

Exports and sales of innovative companies: 91.7 points.

3. Finland: 128.7 points

Image: Flickr Creative Commons / Giuseppe Milo

Innovation in human resources: 165.2 points.

Attractive research systems: 137.8 points.

Innovation-friendly environment: 183.7 points.

Finance and innovation support: 110.3 points.

Investment in private sector innovation: 132.5 points.

Innovators: 141.4 points.

Synergy between the public and private sectors to innovate: 132.6 points.

Intellectual Assets: 146.7 points.

Employment: 83.5 points.

Exports and sales of innovative companies: 77.6 points.

2. Denmark: 132.4 points

Image: Shutterstock.com/Pocholo Calapre

Innovation in human resources: 184.2 points.

Attractive research systems: 181.7 points.

Innovation-friendly environment: 197.8 points.

Finance and innovation support: 102.6 points.

Investments in innovation from the private sector : 109.1 points.

Innovators : 111.9 points.

Synergy between the public and private sectors to innovate: 131.3 points.

Intellectual Assets: 165.8 points.

Employment : 100.5 points.

Exports and sales of innovative companies : 75.1 points.

1. Sweden: 140.8 points

Image: Flickr Creative Commons / Ray Swi-hymn

Innovation in human resources: 179.6 points.

Attractive research systems: 176.5 points.

Innovation-friendly environment: 190.5 points.

Finance and innovation support: 111.6 points.

Investments in innovation from the private sector: 157.9 points.

Innovators: 126.8 points.

Synergy between the public and private sectors to innovate: 131 points.

Intellectual Assets: 156.6 points.

Employment: 131.4 points.

Exports and sales of innovative companies: 82.1 points.

h/t: Business Insider

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