Slovakia falls in the innovation index

The country placed the worst in the V4 region.

Illustrative stock photoIllustrative stock photo(Source: SME)

Disclaimer: In the original story, we wrongly published the current placement of Slovakia in the ranking. We apologise for the inconveniences this might have caused.

Slovakia placed 41st in the recent 2020 Bloomberg Innovation Index, down two positions compared to the previous ranking.

It thus placed the worst in the Visegrad Group (V4) region as all of its partners scored better. The Czech Republic ranked the best, placing 24th (up one place), followed by Poland on 25th place (down three positions), and Hungary on 28th place (up four positions).

The most innovative country is Germany, which broke South Korea’s six-year winning streak. Third ranked Singapore, followed by Switzerland.

The annual Bloomberg Innovation Index, in its eighth year, analyses dozens of criteria using seven metrics, including research and development spending, manufacturing capability and concentration of high-tech public companies

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