Innovativeness and investments into RDI Sample Clauses

Innovativeness and investments into RDI. In the Innovation Union Scoreboard 2013 (the Scoreboard), Lithuania is listed 23rd among the EU Member States according to the Summary Innovation Index. Over last five years, Lithuania advanced from modest innovators to moderate innovators nearly in all indicators used in the Scoreboard. Despite the progress, Lithuania still considerably lags behind the EU average (see Fig.1), particularly in terms of indicators measuring innovative activities of enterprises and economic results of R&D and innovation (RDI). Progress in RDI is impeded by poor efficiency of investments and different scope of investments into RDI by the public and private sectors. Although the share of RDI funding from the public sector expressed in percentage from the GDP differs from the EU average only slightly, Lithuania is in the penultimate position by the efficiency of these investments according to the Commission’s report ‘The State of the Innovation Union 2012’. Expenditure of the Lithuanian business sector on R&D is over five times lower than the EU average. In 2011, the expenditure of the business sector on R&D per capita amounted to EUR 24.1 in Lithuania, whereas the EU average was EUR 318.4, according to Eurostat. It is also notable that over the 2007-2011 period the difference from the EU average in terms of business expenditure on R&D did not reduce, but increased. Lithuanian business enterprises try to compensate for low R&D capacities by choosing alternative innovation generation methods. This is evidenced by the largest expenditure of enterprises on innovation which are not based on R&D among the EU Member States.
Sample 1
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