Global innovation country rankings from the world Intellectual Property Organization in the top 15 – Sweden, Finland, Netherlands, Germany, Denmark, and France with Ireland the only EU country that dropped out of the top 15. See WIPO Global Innovation Index 2024. The innovation rankings are stable for the high-income group but show wider dispersion and more dynamic change for lower income groups. Based on the innovation index there does not seem to be an EU innovation problem based on significant fall in country rankings. GII score is tied closely with GDP per capita; however, there are strong country performers that innovate above their income level. What is important is the output to input score which tells us something about innovation efficiency. This relative score difference is high for many EU countries. Nevertheless, the innovation pillars do show strong dispersion even for highly innovation countries. It is hard to argue that EU is failing with the innovation scorecard.
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