74

European Innovation Scoreboard 2017

180
Serbia is a Moderate Innovator. Over time,
160
performance has increased by 17.3% relative 140
to that of the EU in 2010. 120
100
80 59 61 62 63 64
60 47 46

Innovation system 40 63
20
0
Relative strengths of the innovation system are in Firm investments, 2010 2011 2012 2013 2014 2015 2016
Employment impacts, and Innovators. Relative weaknesses are in
Intellectual assets, Innovation-friendly environment, and Linkages. Relative to EU in 2010 Relative to EU in 2016

Structural differences Performance

relative to EU Change
Serbia 2010 in 2010-
Notable differences are a smaller share of employment in Services, 2010 2016 2016
lower buyer sophistication, lower GDP per capita, a lower growth rate SUMMARY INNOVATION INDEX 46.8 64.2 17.3
of GDP, a lower and negative growth rate of population, and lower Human resources § 28.1 76.8 48.7
population density. New doctorate graduates 26.2 71.5 45.4
Population with tertiary education N/A N/A N/A
RS EU Lifelong learning N/A N/A N/A
Structure of the economy Attractive research systems 30.5 44.1 13.6
Share of employment in Agriculture, avg 2011-15 20.8 4.8 International scientific co-publications 46.8 97.8 51.0
Share of employment in Industry, avg 2011-15 25.6 24.4 Most cited publications 33.7 42.7 9.0
Share of employment in Services, avg 2011-15 53.6 70.2 Foreign doctorate students 20.2 27.0 6.8
Business indicators Innovation-friendly environment 39.2 37.0 -2.2
Top R&D spending enterprises Broadband penetration 33.3 33.3 0.0
- average number per 10 mln population, 2011-15 none 29.9 Opportunity-driven entrepreneurship 43.4 39.5 -3.8
- average R&D spending, mln Euros, 2011-15 none 165.8 Finance and support 66.9 43.9 -23.0
Buyer sophistication 1-7 (best), 2013-14 2.4 3.6 R&D expenditure in the public sector 103.9 78.7 -25.2
Ease of starting a business, Doing Business 2017 72.3 76.5 Venture capital expenditures 20.2 0.0 -20.2
Socio-demographic indicators Firm investments 78.5 130.2 51.7
R&D expenditure in the business sector 8.5 21.9 13.4
GDP per capita, PPS, avg 2011-13 9000 25,400
Non-R&D innovation expenditures 116.1 280.8 164.7
Change in GDP between 2010 and 2015, (%) 1.8 5.4
Enterprises providing ICT training 121.4 121.4 0.0
Population size, avg 2011-15 (millions) 7.2 505.5
Innovators 46.8 81.2 34.4
Change in population between 2010 and 2015 (%) -2.6 1.1
SMEs product/process innovations 27.7 70.6 42.9
Population aged 15-64, avg 2011-2015 (%) 67.9 66.1
SMEs marketing/organizational innovations 23.8 87.7 63.8
Population density, average 2011-15 81.9 116.4
SMEs innovating in-house 89.0 85.1 -3.9
Degree of urbanisation, average 2011-15 (%) 55.4 74.4
Linkages 31.0 42.6 11.6
Innovative SMEs collaborating with others 23.1 73.2 50.1
Values in green show performance above 120% of EU, values in red show performance
below 80% of EU. Public-private co-publications 37.4 25.8 -11.6
Private co-funding of public R&D exp. 32.0 32.0 0.0
Intellectual assets § 24.1 22.7 -1.4
PCT patent applications N/A N/A N/A
Trademark applications 65.4 59.3 -6.1
Design applications 0.0 1.7 1.7
Employment impacts § 71.6 94.0 22.4
Employment in knowledge-intensive activities 84.9 111.4 26.5
Employment fast-growing enterprises N/A N/A N/A
Sales impacts 45.4 65.3 19.9
Medium and high tech product exports 20.0 55.8 35.8
Knowledge-intensive services exports 52.5 52.9 0.5
Sales of new-to-market/firm innovations 67.9 91.2 23.4

Dark green: normalised performance above 120% of EU; light green: normalised
performance between 90% and 120% of EU; yellow: normalised performance
between 50% and 90% of EU; orange: normalised performance below 50%
of EU. Normalised performance uses the data after a possible imputation of
missing data and transformation of the data.
§ Due to missing data, the relative dimension score does not necessarily reflect
that of the indicators.
Change highlighted in green is positive; change highlighted in light red is negative.