The innovation performance of the European Union continues to improve at a steady pace, reaching a 10% increase since 2017 and a growth of 0.5% between 2023 and 2024. According to the 2024 edition of the European Innovation Scoreboard (EIS) published today, most EU Member States have boosted their innovation performance, but the increase varies strongly from one to another.

In the global context, the EU maintains a robust position, demonstrating strong performance in most indicators including in SMEs introducing product and process innovations and environment-related technologies. The EU still faces challenges compared to its main global competitors in areas such as intellectual assets, collaboration among innovative SMEs and R&D expenditure in the business sector.