Description
This dataset contains the 2021 update of the Innovation Output Indicator (IOI), which is a composite indicator published by the European Commission to quantify the extent to which ideas for new products and services carry an economic added value and are capable of reaching the market. IOI scores are here presented against the EU2011=100 benchmark. Please refer to the report Bello et al. (2022), "The Innovation Output Indicator 2021", doi: 102760/802325, for a thorough description of the methodology.
Contact
Contributors
-
- European Commission, Joint Research Centre
- https://ec.europa.eu/info/departments/joint-research-centre
How to cite
European Commission, Joint Research Centre (JRC) (2018): Innovation Output Indicator. European Commission, Joint Research Centre (JRC) [Dataset] PID: http://data.europa.eu/89h/9972ed23-84f5-45b4-b6f6-b4dc9d1551ea
Keywords
composite indicators innovation
Data access
Database
Publications
- Publications Office of the European Union, Luxembourg, Luxembourg
-
Abstract
This report presents the 2021 update of the Innovation Output Indicator (IOI), which is a composite indicator periodically published by the European Commission since 2013 aiming to quantify the extent to which ideas for new products and services carry an economic added value and are capable of reaching the market.
The report presents the latest figures for the composite index and its underlying indicators for 40 countries, including European Union (EU) Member States (MSs) and selected EFTA, OECD and emerging economies. Results show that the overall IOI international ranking remained broadly unchanged since 2011.
The EU continues to be outperformed by Israel, Japan, the UK and the US, but there is some evidence of convergence, as the gap between the leader (Israel) and some top-performers countries (Japan, the UK and the EU) has somewhat declined since 2011. As compared to 2019, EU performance in innovation output remained broadly unchanged. Within EU MSs, Ireland, Finland, and Sweden are the top-performers in terms of innovation output, and Croatia, Lithuania and Romania those with the lowest IOI. As compared to 2019, the largest relative increases in IOI scores are observed in Greece, Lithuania and Malta, and the strongest relative falls in Romania, Slovakia and Sweden.
Geographic areas
Temporal coverage
From date | To date |
---|---|
2011-01-01 | 2020-01-01 |
Additional information
- Published by
- European Commission, Joint Research Centre
- Created date
- 2020-11-23
- Modified date
- 2022-07-22
- Issued date
- 2018-08-31
- Landing page
- https://publications.jrc.ec.europa.eu/repository/handle/JRC129410
- Data theme(s)
- Economy and finance, Science and technology
- Update frequency
- annual
- Identifier
- http://data.europa.eu/89h/9972ed23-84f5-45b4-b6f6-b4dc9d1551ea
- Popularity
- 17 Apr 2024: 1 visits