According to the 2019 European Innovation Scoreboard, Spain scores high in sales impact/sales of new-to-market and new-to-firm innovations, which measures the turnover generated by new products and products being ranked second in Europe.
Business has contributed decisively to R&D, with an 8.2% increase in investment. Substantial investments by multinational companies established in Spain account for 38.4% of total business assets. Public investment is recovering, and last year saw a 3.3% increase.