The European Innovation Scoreboard (EIS) 2025 has positioned Sweden as the leading innovation performer in the European Union, claiming the top spot from Denmark. The EIS, which has been tracking innovation performance across the EU for a quarter of a century, provides valuable insights into the strengths and progress of member states in fostering innovation.
Both Sweden and Denmark have been on the top for many years. Both countries excels in R&D expenditure in the business sector, cloud computing in enterprises, and Sweden has good production-based CO2 productivity. Denmark continues to demonstrate strong innovation capabilities, particularly in digital technologies and venture capital investments. The country’s consistent performance in these areas highlights its ongoing commitment to fostering a dynamic and innovative economic environment.
The Øresund region, encompassing parts of both Sweden and Denmark, holds a unique position to leverage the high innovation capacities of both countries. This cross-border region benefits from the combined strengths of Sweden and Denmark, being home to the most densely populated region in Denmark and the second most populated region in Sweden. The collaboration between these two nations can drive further innovation, making the Øresund region a pivotal area for future developments in Europe.
Innovation Clusters in the Øresund Region
The Øresund region is home to several vibrant innovation clusters, particularly in cities like Lund, Malmö, Helsingborg and Copenhagen. These clusters are pivotal in driving technological advancements and fostering a culture of innovation.
The Øresund region is not only a geographical bridge between Sweden and Denmark but also a significant economic and innovation powerhouse. According to recent reports:
- The region contributes significantly to the GDP of both countries, with a combined GDP exceeding €150 billion.
- It is home to over 4 million people, making it one of the most densely populated and economically active regions in Scandinavia.
- The region has seen a substantial increase in venture capital investments, particularly in the tech and green energy sectors, reflecting its growing appeal to investors and entrepreneurs alike.
“This recognition is a result of long-term commitment and strategic investments in innovation. Last autumn, the Swedish government launched one of the most comprehensive research and innovation policy bills in history. I am proud to be part of this national innovation momentum – bringing together and bridging industry, academia, and public sector actors to accelerate sustainable solutions and strengthen regional competitiveness”
said Zeynep Erdal, head of Helsingborg Innovation District
The EIS 2025 report also highlights the broader context of innovation within the EU. While Sweden and Denmark lead the way, other countries such as the Netherlands and Finland are also strong at innovation. The report underscores the importance of sustained investment in research and development, digital transformation, and international collaboration to maintain and enhance innovation performance.
Living in the Øresund region, one might indeed be residing in one of the most innovative parts of Europe. The region’s unique position, combining the strengths of Sweden and Denmark, offers unparalleled opportunities for technological and economic advancements, making it a beacon of innovation in Europe.