Hungary moved up four places from last year in the Bloomberg Innovation Index, now ranking as 18th. The country performed better in five of the seven indicator groups which form the basis of the overall ranking. It is good news that Hungary made significant progress in the fields of productivity, the share of high-tech companies and R&D intensity.
A leading US business magazine, Bloomberg has published the Bloomberg Innovation Index (Bloomberg II) since 2006 which ranks countries based on their overall innovation capability.
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Source: https://nkfih.gov.hu