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Luxembourg among top 25 innovative economies

Published Tuesday January 18 2022

Luxembourg is ranked 23rd in the 2021 Global Innovation Index which ranks world economies according to their innovation capabilities.

Luxembourg made it to 1st place for 8 out of the approximately 80 indicators making up the Global Innovation Index. Its top ranks include indicators such as tertiary inbound mobility, ICT access, environmental performance, knowledge-intensive employment and intellectual property payments relative to total trade. 

The study also confirms the country's ability to effectively translate innovation investments into innovation outputs.

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