09 Jul 2019   |   News byte

SMEs in Spain and Eastern bloc introduce fewer innovations than rest of Europe


SMEs in Spain and Eastern bloc introduce fewer innovations than rest of Europe
Share of SMEs introducing product or process innovations 

The share of small and medium sized enterprises (SMEs) in Spain and eastern European countries introducing product or process innovations is significantly lower than in the rest of Europe, according to the EU’s 2019 Regional Innovation Scoreboard.

The scoreboard ranks most regions in these countries in its lowest three categories.

For the other countries analysed, there is little variation among SMEs in the regional performance within countries. However, small companies in Norway, Portugal and Sweden perform better overall than those in other member states. SMEs in all regions of Norway, Portugal and Sweden are ranked in the highest three categories in the scoreboard. The region of Hedmark og Oppland in Norway tops the ranking with a score of 81.8 per cent above the EU average.

Source: European Regional Innovation Scoreboard 2019.

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