Slovakia has been categorised as a ‘moderate innovator’ on the Innovation Union Scoreboard (IUS), a chart assessing the innovation performance of 28 European states in 2010.
Slovakia, which was also placed in the same category in 2009, is accompanied by countries such as Croatia, the Czech Republic, Greece, Hungary, Malta, Poland, Portugal, Spain and Italy. ‘Moderate innovators’ are ranked third out of four groups: below ‘innovation leaders’ and ‘innovation followers’, but ahead of ‘modest innovators'
“The level of innovation in Slovakia is below the EU average. Slovakia’s rather strong side is human resources and output, while company investment in innovations and intellectual assets are its weaker spheres,” reads the report, as quoted by the TASR newswire. The report focuses on various data provided by Eurostat, the World Bank and the International Monetary Fund, and factors in 25 indicators such as the number of registered patents per capita, new products on the market, public and company expenditure on research and development, and the proportion of the population with the highest levels of education.
Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.
2. Feb 2011 at 14:00