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According to the 2019 edition of the Global Innovation Index, Switzerland is the world’s most innovative country. Sweden, the United States, the Netherlands and the United Kingdom complete the top 5. Luxembourg ranks 18th among the 129 economies in the study.

The study is based on 80 indicators, ranging from traditional measurements like research and development investments and international patent and trademark applications to newer indicators including mobile-phone app creation and high-tech exports.

Strong creative outputs

Firmly placed among the 20 most innovative countries, Luxembourg ranks 2nd in the world in the category “Creative outputs”. The country also ranks high in the category “Business sophistication”, where it is in 8th place.

According to the study, Luxembourg’s efforts are focused on five key areas: infrastructure, skills, government, ecosystem and policy. In particularly it mentions the country’s strategies for data-driven innovation and artificial intelligence. It also highlights that Luxembourg prioritises the exploitation of public sector information and open data to spur innovation.

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Cybersecurity in Luxembourg: An expanding sector

15-10-2019

Luxembourg is internationally renowned for its expertise in cybersecurity. A recent mapping of the sector highlights a dynamic sector specialising, in particular, in risk identification and protection.
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Luxembourg has 4th highest education level in the EU

15-10-2019

Well over half of the population aged 30 to 34 years have graduated from tertiary education, a figure that places Luxembourg on the top 5 podium in the European Union.
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Luxembourg 18th most competitive economy in the world

15-10-2019

In particular, Luxembourg stands out for its performance in macro-economic stability, institutions and financial system.
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Changes in financial industry “only going to happen faster than before”

07-10-2019

Daniel Schulman, the CEO of Paypal, was in Luxembourg this Monday to inaugurate the PayPal-FNR PEARL Chair in Digital Financial Services, the first one built on a public-private partnership in this field.
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A US autumn for Luxembourg start-ups

07-10-2019

This autumn, part of the Luxembourg start-up ecosystem will definitively take on an American accent. 8 of our most promising start-ups have been selected for participation in two acceleration programmes specifically designed for entering the US market.
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