Sustainable development and competi ti veness cannot be achieved in our highly competi ti ve global society without innovati ons. Innovati ons are typically the result of a fi nancially demanding research process generati ng intellectual property assets, namely patented inventi ons or ideas for the digital setti ng and protected by copyright or otherwise. The EU is aware of it and its current strategy, Europe 2020, states that 3% of GDP should be allocated to R&D by 2020 at the latest and this should boost innovati on levels and make the EU a top global economic leader. Undoubtedly, innovati on is indispensable and needs to be fi nanced. However, the relati on of involved factors and the related dynamic are unclear and have not received suffi cient scienti fi c and academic att enti on. To make an initi al step to address this vacuum, three research questi ons are addressed. Firstly, what fracti on of GDP goes towards R&D, expressed by GERD, and what is the GERD trend in the EU and selected EU member states? Secondly, how many European patent applicati ons were fi led and patents granted, what was the success rate and how has digitalizati on been progressing in the EU and selected EU member states and what are the trends? Thirdly, can the possibility of a relati onship be implied? These three questi ons are answered based on multidisciplinary research employing hard data sources, such as Eurostat and EPO databases, offi cial and/or legislati ve documents, such as Europe 2020, academic literature along with direct observati on, fi eld search and the own experience of the author. Such a conglomerate of diversifi ed and multidisciplinary data is to be processed by a myriad of appropriately matching methods, both of a quanti tati ve and qualitati ve nature, and dominated by the holisti c Meta-Analysis. Indices and indicators, such as GERD, EPO stati sti cs and DESI, are comparati vely employed while observing their ti me evoluti on in the enti re EU and selected EU members. Their selecti on is made by the moti vati on to be representati ve and to face the (alleged) cliché about EU member states labeled as "good" (DE, FR), "lazy" PIGS