Lithuania jumps to 16th place on European Innovation Scoreboard

  • 2017-06-21
  • LETA/TBT Staff

VILNIUS  – Lithuania climbed eight positions to the 16th place on the 2017 European Innovation Scoreboard published by the European Commission (EC), posting the highest increase among all 28 countries of the European Union, however, still lagging behind Estonia.

Lithuania is listed among moderate innovators, the Economy Ministry said.

According to the press release, Lithuania went up from the 24th place to the 16th, ranking above Poland, Latvia, Spain, Malta, Italy, Slovakia, Greece, Hungary, and Cyprus.

The scoreboard found the innovations-friendly environment, cooperation between business and research, as well as human resources as Lithuania's main strengths.

The European Innovations Scoreboard has headed Sweden, followed by Denmark, Finland, and the Netherlands. Estonia ranked 15th, Latvia 24th and Poland 25th.