ECONOMY

Greece tops table of innovative enterprises

Greece tops table of innovative enterprises

Greece has the highest share of innovative enterprises in the European Union, a new survey from Eurostat showed on Friday.

In its latest Community Innovation Survey (CIS) survey, Eurostat said that 73% of all enterprises in Greece reported some form of innovation activity in 2018-2020.

Greece was followed by Belgium (71%), Germany and Finland (both 69%) and Cyprus (66%). In contrast, the lowest innovation activity was observed in Romania (11%), Latvia (32%), Hungary and Spain (both 33%) and Poland (35%).

Business innovation relates to the wide range of activities that enterprises undertake to implement innovation processes, develop new goods or services, and bring them to market.

🆕53% of all enterprises in the EU reported some form of innovation activity in 2018-2020.
Highest:
🇬🇷Greece (73% of all enterprises)
🇧🇪Belgium (71%)
🇩🇪Germany & 🇫🇮Finland (both 69%)
Lowest:
🇷🇴Romania (11%)
🇱🇻Latvia (32%)
🇭🇺Hungary & 🇪🇸Spain (both 33%)
👉https://t.co/dvdRDWjYGp pic.twitter.com/rCAPjuiC6u

— EU_Eurostat (@EU_Eurostat) November 18, 2022

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