innovation radar facts

IRSUS is the perfect example on how the Innovation Radar tool can provide a myriad of significant insights about research and their market-results in the EU. Following our approach of understanding the innovators and their innovators we have come a little closer to the facts and running our own tests we have discovered very interesting points.

Running a word analysis in the innovation radar we have found out that “data is the king”. The most repeated word in the innovations’ description is DATA. Here is the top ten:


A country analysis of the organizations listed in the Innovation Radar can also provide interesting insights on where the innovation is happening in Europe.

innovation radar

As it can be seen, bigger countries count with a higher number of organisations listed in the radar. No surprises. Nevertheless, a more interesting number is the number of innovators per every 100,000 inhabitants in those countries. It is interesting because the results give a different approach from the usual one when talking about R&D. It is true that the Innovation Radar counts, at this stage, with a limited set of results listed, but significant enough to probably ask ourselves how close to the market are the efforts in different countries in research, or the real interest on the Framework Programmes in different regions of Europe. Data is here, you can extract your own conclusions. Results are below:


An interesting correlation between the expenditure on research in member states (% of GDP) and the above chart brings us some findings.

  • Nordic and central Europe countries are in general balanced between expenditure and the number of innovations
  • Some southern countries as Spain, Greece or Cyprus do not have a high expenditure in research but are above the EU average in innovations listed in the radar.
  • Balkan, Baltic and CEE countries are below European averages

An important insight is also the number of SMEs holding innovations in the radar. The overall number of SMEs is 759, which stands for nearly of the 40% of the innovators. Divided by country this is the list.


In a nutshell, the Innovation Radar is a great tool for deeper analysis on the impact that research and the framework programmes can have in the market.

Follow us for more updates and figures on TwitterFacebook and LinkedIn!

Share this post

Share on facebook
Share on twitter
Share on linkedin

Related posts

Virtual Pitching and Networking Event – 26 June, 2019 3:00 PM CEST

Virtual Pitching and Networking Event – 26 June, 2019 3:00 PM CEST In the frame of the IRSUS project, we organise our first Virtual Pitching and Networking Event, with pitches of pre-selected, high potential projects especially from the Healthcare industry. We highly welcome all interested participants, potential investors, from the field. The projects were validated

Read more »

Regiothek was heading to the Global Food Summit 2019

One of our portfolio companies, Regiothek (, is one of five Start-Ups worldwide, presenting its innovation at the Global Food Summit in Munich, Germany. The Global Food Summit is a scientific conference featuring innovations in the food sector. Regiothek is the very first online platform for local food which is actually assessing the regionality or

Read more »

IRSUS Open Call was a great success!

The IRSUS Open Call closed on the 31st of March with 185 applicants from 29 countires! We aimed to find innovative companies and entrepreneurs, who want to enter the market with their products and services contributing to the competitiveness of Europe. The open call aimed to collect innovators and  help the selected startups with mentoring,

Read more »

About Us

The Innovation Radar (IR) is an EC initiative focused on the identification of high potential innovations and the key innovators behind them in FP7, CIP and Horizon 2020 projects. It supports innovators by suggesting a range of targeted actions to assist them in fulfilling their potential in the market.


Follow Us


This project has received funding from the European Union’s Horizon 2020 research and innovation programme under grant agreement No 779990

© 2018 IRSUS All rights Reserved