A benchmarking system to spark companies to action - innovation that
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The Frost Radar for Economic Development determines a region's future growth and
development potential measured by its ability to enhance quality of life (QOL)
for its citizens. This report explores Europe’s key strengths and weaknesses
through country-level assessments of growth and innovation initiatives and then
benchmarks each country on these 2 indices.
Europe faces a multitude of challenges in 2021, the economic repercussions of
which will linger for years to come. The Frost Radar for Economic Development:
Europe, 2020 explores the significant challenges to the region’s growth
environment, such as the anticipated impact of Brexit and the regional COVID-19
vaccination drive, among many others. The major sub-pillars used to measure each
country's performance are Innovation in Education, Healthcare, Environment,
Infrastructure, Human Rights, and Security.
In this research, Frost & Sullivan indexes the top 10 economies in the whole of
Europe, Eastern Europe, and Western Europe to determine what makes them the
regional leaders. In addition, 5 case studies offer a deep dive into the
innovation and growth environment of Germany, Norway, the United Kingdom,
Denmark, and Switzerland, including a unique Frost Perspective that can be
leveraged to enhance economic growth. The Radar is intended to empower
governments, policy-makers, investors, and businesses to identify strategic
imperatives for future growth.
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