2018 European Innovation Scoreboard has been published

The European Innovation Scoreboard 2018 was released on 22 June 2018. Ukraine is now ranked 43rd (up from the rank 50 in 2017, note: Ukraine was ranked 71th in 2013).

The Global Innovation Index (GII) aims to capture the multidimensional facets of innovation and provide the tools that can assist in tailoring policies to promote long-term output growth, improved productivity, and job growth. The GII helps to create an environment in which innovation factors are continually evaluated. It provides a key tool and a rich database of detailed metrics for economies, which in 2018 encompasses 126 economies, representing 90.8% of the world’s population and 96.3% of global GDP. For Ukraine there is definitely a need to improve in its institutions, infrastructure, business and market sophistication. However, there are some remarkable achievements too:
Ukraine’s Innovation Efficiency Ratio was ranked 5th and as for specific indicators it was ranked:
• 1st for the utility model applications by origin (within ‘knowledge creation’ section);
• 3rd for the percentage of females employed with advanced degrees out of total employed;
• 3rd for the pupil-teacher ratio in secondary education;
• 5th for the trademark application class count by origin, 7th for the industrial designs by origin and 19th for the patent applications by origin
• 12th for the tertiary enrolment and 21st for graduates in science & engineering;
• 15th for the ICT services exports;
• 15th for the growth rate of GDP per person engaged.