The indicator of innovation output Romn Arjona Pierre

The indicator of innovation output Román Arjona Pierre Vigier ERAC 12 December 2013 1 Research and Innovation

ERAC Brussels, 12 December 2013 Mandate • Europe 2020 • Innovation Union – 34. b • European Council – 2011, 2012, 2013 § 2014: debate on Europe 2020 § 24 October 2013: 'As requested, the Commission recently proposed a single Indicator of Innovation Output which should allow for better monitoring. ' 2 Policy Research and Innovation

ERAC Brussels, 12 December 2013 The indicator • Simple and robust • Zooming in on output • Useful for policy • With fast-growth dynamics • Building up on previous work • Giving a meaningful league table 3 Policy Research and Innovation

ERAC Brussels, 12 December 2013 Zooming in on four policy axes 1. Growth via technology – patents 2. Jobs – knowledge intensive employment 3. Long-term global competitiveness – trade in mid/high-tech commodities 4. Future business opportunities - jobs in innovative fast-growing firms Policy Research and Innovation 4

ERAC Brussels, 12 December 2013 Results Top Very good Good Medium Mid-low Low Policy Research and Innovation

ERAC Brussels, 12 December 2013 Roadmap for 2014 release • 7 January 2014 - MS deadline to send fastgrowing firms data to Eurostat • January 2014 - Eurostat validation for DYN • February 2014 - refinements and analyses • March 2014 - 2014 release (2012 scores), with IUC country profiles 6 Policy Research and Innovation

ERAC Brussels, 12 December 2013 PCT patents per GDP Objective pursued Growth via new markets Monitors what? Sound innovation chain Efficient and affordable IPR Business environment How knowledge leads to innovations Smart specialisation Policy Research and Innovation 7

ERAC Brussels, 12 December 2013 Business employment in KIA Objective pursued Knowledge jobs Monitors what? Highly-skilled labour force Consistent policy mix Matching skills and market needs Wide focus on new markets Policy Research and Innovation 8

ERAC Brussels, 12 December 2013 Global knowledge competitiveness Objective pursued Monitors what? Long-term global competitiveness Policy Research and Innovations, in global markets Gains in the global value chain Quality and productivity Growth of employment, export share and turnover at firm level 9

ERAC Brussels, 12 December 2013 Dynamics of fast-growing firms Objective pursued Monitors what? Fast-growing innovative firms Policy Research and Innovation Growth potential Capacity for structural change Business environment 10

ERAC Brussels, 12 December 2013 International statistical standards • Global Innovation • Global Talent Competitiveness Index • Multidimensional Poverty Assessment • Human Capital • Country Resilience Capacity Rating • Global Competitiveness • Human Development Index • European Systemic Risk Board Country heat maps Policy Research and Innovation

Thank you 12 Research and Innovation