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Greece’s Innovation Performance Remains Low

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Greece’s Innovation Performance Remains Low

A significant leap has been made Hellas from 2015 to present in issues innovationtrying to close the gap with other pioneer countries. But despite the improvement, its performance in the various categories that make up this year’s innovative country profile (funding and support, innovative business, intellectual property data, broadband penetration, human resources, etc.) proves that Greece is a long way off. behind the European average, lagging behind in areas such as the attractiveness of research systems, public funding of business research and development, exports of high and medium technology products, and the use of IT technologies by enterprises to improve the skills of workers.

Greece ranks 20th among the 27 EU member states. according to the respective indicator.

Greece ranks 20th out of 27 Member States in the European Commission’s European Innovation Index with an innovation rate of 80.2% of the EU average. is among the countries with average indicators together with Lithuania, Malta, Portugal, Spain, Italy, Czech Republic, Slovenia, Estonia.

In fact, its performance is closer to that of a group of developing countries (Romania, Bulgaria, Poland, Hungary) than to those that score higher in this sector (France, Cyprus, Germany, etc.). And this is because its performance (80.2%) is below the average of countries with moderate innovation performance (89.7%). The gap widens even further compared to the leaders, namely Belgium, Denmark, Finland, the Netherlands and Sweden. According to the analysis of the European Innovation Ranking by the National Documentation Center in its publication “Greece Position in the European Innovation Ranking 2015-2022”, Greece’s performance in the innovation sector shows a growth of 24.1% in the period 2015-2022. ranks third among Member States after Cyprus and Spain.

The “strengths” of the Greek innovation system for 2022 are the number of innovative enterprises, their cooperation with other enterprises, as well as the number of people employed in innovative enterprises. Greece has a high rate of sales of innovative products, as well as the implementation of innovative processes by SMEs. On the other hand, the country still has few international PhD students, while compared to the European average it ranks low in terms of direct public funding and public tax support for research and development for business. At the same time, skilled labor supply is lower, especially for lifelong learners, and broadband penetration among businesses is low, which is holding back their digital transition.

Author: Miss Conti

Source: Kathimerini

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