BELGIUM OUTRANKS GERMANY, ACCORDING TO 2014 INNOVATION INDICATOR

ZEWThe innovative strength of the German economy has slipped in 2014, according to a recent study by the Centre for European Economic Research (ZEW), while confirming that Switzerland remains the most innovative economy in the world. Germany was ranked 6th according to the ZEW “innovation indicator 2014”, which compares 35 industrialised countries. The study released on 29 October was conducted by the Centre for European Economic Research (ZEW) and two other institutes on behalf of the Telekom-Stiftung and the Federation of German Industries (BDI).

With an indicator value of 56 points, Germany is far behind global leaders Switzerland (76 points) and Singapore (65 points). However, the gap between Germany and the countries placed just above it in the ranking is relatively small – Sweden received 57 points, Belgium 58 and Finland 60.

Read more (in English and German) at http://www.zew.de/en/news/2787/2014-innovation-indicator—germany-secures-international-position

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