Hungary Advances on European Innovation Scoreboard
Hungary has moved to the next level in the 2023 edition of the European Innovation Scoreboard, the Culture and Innovation Ministry said on Monday, according to a report by state news wire MTI.
Hungary progressed to a higher performance group and became a "moderate innovator" in the latest EIS.
Hungary now ranks 21st in the area of innovation in the EU, the ministry said. The government aims to put the country among the top 10 innovators in Europe by 2030, it added.
The ministry pointed to the Neumann János Program which aims to foster stronger ties between universities and research institutions and economic players while transferring research results to social and economic improvements and maintaining a constant gauge of progress.
This year, HUF 80 billion has been earmarked to implement the first phase of the scheme, it added.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.