30 years of innovations in Slovakia

This report aims to map Slovakia’s path on the digital innovation journey during the 30 years of its independent existence, as well as to offer a vision of its future development in this area. During the past three decades, Slovakia evolved from a country that former U.S. Secretary of State Madeleine Albright described as the “black hole of Europe” back in 1997, to a country which is competitive thanks to its educated workforce and has been the world’s largest producer of cars per capita since 2007.

The goal of this report is not to offer a comprehensive in-depth analysis of the Slovak economy as a whole, or of its digital components. Instead, it emphasizes the progress Slovakia has made in the area of digital innovation, as well as the challenges which prevent it from realizing its potential fully. It presents selected data that illustrate the evolution of the innovation environment and point to those areas which require urgent attention and action.

To complement the data, we also included brief interviews with some of the key figures of the local ecosystem. We believe that to remain globally competitive and to strengthen brand Slovakia in the upcoming years, a digital transformation of the economy is inevitable. Some Slovak companies have already demonstrated that it is possible to have global aspirations, and succeed. We hope that this report will serve as a reminder of what has already been achieved, but, above all, as an inspiration for a vision of Slovakia as a modern country, fully embracing the potential of digital technology, an attractive destination for foreign investors, but also local and international talent.

To read the report, click on the picture or the button below.