Mixed picture of innovation for Europe’s financial sector

A new series of sectoral information sheets, based on Eurofound’s European Company Survey, looks in detail at a range of aspects of company practices – including innovation. The financial services sector is more innovative than the average sector in the EU28 in terms of the introduction of new or significantly improved organisation (42% compared with 31%). However, it is less innovative in terms of new products or services (35% as against 40%).