More efforts to boost innovation in EU is needed

On 7 Feb 2012, the European Commission released a report saying that European Union enterprises must boost innovation as global competition becomes stronger (full report). On one hand the EU is not closing the persistent gap with the global innovation leader USA, on the other hand it is progressively chased by emerging economies, especially China. More efforts to boost innovation are needed. Sweden, Denmark, Germany and Finland are the innovation leaders. The Netherlands is one of the innovation followers with an above average performance(7th). The report also confirmes the importance of attracting top talents worldwide to achieve better framework conditions for innovation.