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The state of research and innovation in Europe in 7 charts

The state of research and innovation in Europe in 7 charts

[size=1.125]How does research and innovation in Europe compare to the rest of the world? The Science, Research and Innovation Performance of the EU 2018 (SRIP) Reportsuggests that while the continent is a leader in science, it is falling behind other regions in how it develops and invests in innovation. These seven charts help us to understand the state of play with science and innovation in Europe:

[size=1.125]1. The effect of low productivity growth

Image: European Commission/DG Research and Innovation - Unit for Analysis and Monitoring of National Research and Innovation Policies
[size=1.125]Low productivity growth is preventing more robust growth in Europe. Despite the rise of several new technologies with the potential to bring large gains in productivity, such as the Internet of Things or artificial intelligence (AI), productivity growth has been sluggish owing to the slow diffusion of innovations.


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https://www.weforum.org/agenda/2018/02/the-state-of-research-and-innovation-in-europe-in-7-charts/



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Dr. Chao Yuang Shiang (PH.D in management), Assistant Professor,Dep. of Finance & Institute of financial management, Nan Hua University.
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