There is a lot to improve in terms of innovation

The European Union could not catch up with its main international competitors and still below the performance of the United States and Japan – shows the so-called Innovation Scoreboard, issued on Tuesday by the European Commission.

According to the Innovation Scoreboard; in most of the EU Member States “promising trends” can be experienced, despite the international economic crisis, but the pace of development is not fast enough. The EU is clearly still ahead of the emerging economies of Russia and India, while in the case of Brazil, the committee experienced sustained growth, and rapid convergence in the case of China – reports portfolio.hu.