In order to determine the countries’ ranking, researchers take into account the level of innovation in the areas of economy, science, education, government institutions and civil society. In all domains, Belgium landed a spot in the top 10. Switzerland and Singapore complete the top 3.
Belgium came 3rd in the 2017 Innovation Indicator – an innovation ranking of 35 countries. The list is based on a study conducted by the German Fraunhofer Institute for Systems and Innovation Research (ISI) and the Center for European Economic Research (ZEW).
This isn‘t the first time Belgium, and Flanders as a region, were ranked among the top countries for its efforts in terms of innovation: Flanders took 7th place in a European ranking in 2016 and in Bloomberg’s 2017 Innovation Index, Belgium ranked as the world’s 13th most innovative country.
The Innovation Indicator (Innovationsindikator) is published annually and compares countries on their innovation performance. The study analyses the conditions for innovation in Germany and compares it to other leading industrial nations and emerging countries in terms of economic policy, research, education, state and civil society.