Indicators of the innovation system

The innovation capacity of a country is not only determined by its level of research and development, but also by its capacity to convert knowledge into new products, processes, organisational structures, which in turn generate economic growth. The innovation performance is also influenced by the socio-economic profile of the country, by the business environment, the degree of entrepreneurship, the access to finance…

Education attainment

Highgly skilled workers, more particularly science and engineering graduates and doctorate holders are crucial for the development of new knowledge, technologies, and innovation. Public spending on education gives an indication of the govrnement’s commitment in this field.