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Austria climbs to eighth place in the EU’s innovation ranking

European Innovation Scoreboard 2020 © European Innovation Scoreboard 2020

Austria is in the second group and is named in the ranking as a "Strong Innovator" together with countries such as Germany and France. The top five countries in the European Innovation Scoreboard 2020 are Sweden, Finland, Denmark, Netherlands and Luxembourg. These five member states comprise the group of so-called "Innovation Leaders".

Amongst other reasons, Austria has a strong rating in the European Innovation Scoreboard 2020 thanks to its good marks for innovative SMEs, which stand out due to intensive cooperation. For example, Austrian SMEs are European champions in the EU research framework programme "Horizon 2020".

Read more about Industry 4.0: How Austria Shapes Its Future.

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