HUNGARY

Hungary is in the group of Moderate innovators with an innovation performance well below the EU27 average but a rate of improvement above that of the EU27. Relative strengths, compared to the country’s average performance, are in Economic effects and relative weaknesses are in Throughputs and Innovators.

Over the past 5 years, Throughputs and Economic effects have been the main drivers of the improvement in innovation performance, in particular as a result from strong growth in Community trademarks (11.7%), Community designs (9.7%), Knowledge-intensive services exports (12.1%) and New-to-market sales (17.0%). Performance in Finance and support and Innovators has worsened, in particular due to a decrease in Venture capital (-26.1%).