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Report shows little innovation in region

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The 2012 Global Innovation Index report, published by the French-based INSEAD international business school and the World Intellectual Property Organisation, indicates that regional countries are lacking in terms of innovation, but many are doing better than other nations in the global survey.

Out of 141 countries in the report, only 25 received more than 50 points on a 100-point scale. Slovenia ranked 26th, just below 50 points, and was followed by Croatia (42nd), Bulgaria (43rd), Montenegro, (45th), and Serbia (46th). Further down the list were Romania (52nd), Macedonia (62nd), Greece (66th), Bosnia and Herzegovina (72nd), Turkey (74th) and Albania (90th).


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