Strong Innovation Performance
Germany enjoys an excellent reputation regarding its dynamic and innovative R&D environment. This is regularly confirmed by leading international comparisons on innovative capability. The latest example can be found in the current Innovation Union Scoreboard (IUS), which is used as an instrument by the European Commission for the evaluation of the innovative performance of European nations. The IUS ranks Germany among the group of leading innovators. Within the EU, only the Scandinavian countries, the Netherlands and the UKare placed ahead of the German R&D location. With its high innovation output, Germany is a first rate location for R&D projects.
Map: Innocation Performance of European Countries | © Innovation Union Scoreboard 2017
The unique innovative potential of Germany as a research location is also acknowledged by international executives. According to a survey by Ernst & Young, a quarter of the decision-makers asked, think Germany is the most attractive R&D location in the world.
A further expression of the 'world class performance' of German R&D departments is provided by the results of the surveys by the American Chamber of Commerce in Germany (AmCham). 75 percent of companies rate Germany’s research environment as “good” or “very good”. The survey further highlights the availability of highly qualified scientists as wells as the close collaboration of businesses with internationally leading research institutes and universities.
Bloomberg Innovation Index 2017
Ranking based on a country's overall ability to innovate, measured by R&D expenditure, manufacturing GVA, number of high-tech companies, number of graduates, research personnel and patents. Source: Bloomberg 2017.
Source: Bloomberg 2017