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November 12, 2015

Global Innovation Index 2015: Switzerland, UK, Sweden, Netherlands, USA are Leaders

Photo: World Intellectual Property Organization. WIPO Main Building and the Place des Nations in summer. © WIPO 2011. Photographer: Emmanuel Berrod.

Photo: World Intellectual Property Organization. WIPO Conference Hall. Foyer of the WIPO Conference Hall featuring volumes and perspectives created by ramps, staircases, railings, landings and mezzanines. The Conference Hall was inaugurated in September 2014. © WIPO 2014. Photographer: Emmanuel Berrod.

Photo: World Intellectual Property Organization. WIPO Director General Opens “Georgian Heritage” Exhibition at WIPO on the sidelines of the WIPO Assemblies, which met in Geneva from October 5 to 14, 2015. © WIPO 2015. Photographer: Emmanuel Berrod.

Photo: World Intellectual Property Organization. A Member of the Delegation from the Russian Federation attends the Committee on Development and Intellectual Property. The Sixteenth Session of WIPO’s Committee on Development and Intellectual Property (CDIP) is taking place in Geneva, Switzerland from November 9 to November 13, 2015. © WIPO 2015. Photographer: Emmanuel Berrod.

Switzerland, the United Kingdom, Sweden, the Netherlands and the United States of America are the world’s five most innovative nations, according to the Global Innovation Index 2015, while China, Malaysia, Viet Nam, India, Jordan, Kenya, and Uganda are among a group of countries outperforming their economic peers.

The GII (Global Innovation Index) 2015 looks at “Effective Innovation Policies for Development” and shows new ways that emerging-economy policymakers can boost innovation and spur growth by building on local strengths.

“Innovation holds far-reaching promise for spurring economic growth in countries at all stages of development. However, realizing this promise is not automatic,” said WIPO Director General Francis Gurry, “Each nation must find the right mix of policies to mobilize the innate innovative and creative potential in their economies.”

The GII, co-published by Cornell University, INSEAD and the World Intellectual Property Organization (WIPO), surveys 141 economies around the world, using 79 indicators to gauge both innovative capabilities and measurable results.

Top Rankings

1. Switzerland
2. United Kingdom
3. Sweden
4. Netherlands
5. United States of America
6. Finland
7. Singapore
8. Ireland
9. Luxembourg
10. Denmark

• In terms of innovation quality - as measured by university performance, the reach of scholarly articles and the international dimension of patent applications - a few economies stand out. The US and the UK stay ahead of the pack, largely as a result of their world-class universities, closely followed by Japan, Germany and Switzerland. Top-scoring middle-income economies on innovation quality are China, Brazil and India, with China increasingly outpacing the others.

Soumitra Dutta, Anne and Elmer Lindseth Dean, Samuel Curtis Johnson Graduate School of Management, Cornell University and co-author of the report, points out that “Innovation quality matters. Creating world class universities and investing in research is essential for staying ahead in the global race for successful innovation.”

Regional Innovation Leaders

Rank in Region — Country Name — GII 2015 Rank

Central and Southern Asia

1. India — 81
2. Kazakhstan — 82
3. Sri Lanka — 85

Europe

1. Switzerland — 1
2. United Kingdom — 2
3. Sweden — 3

Latin America and the Caribbean

1. Chile — 42
2. Costa Rica — 51
3. Mexico — 57

Northern Africa and Western Asia

1. Israel — 22
2. Cyprus — 34
3. Saudi Arabia — 43

Northern America

1. United States of America — 5
2. Canada — 16

Southeast Asia and Oceania

1. Singapore — 7
2. Hong Kong (China) — 11
3. Korea, Rep. of — 14

Sub-Saharan Africa

1. Mauritius — 49
2. South Africa — 60
3. Senegal — 84

The Global Innovation Index 2015 (GII), in its 8th edition this year, is co-published by Cornell University, INSEAD, and the World Intellectual Property Organization (WIPO), a specialized agency of the United Nations.

Published annually since 2007, the GII is now a leading benchmarking tool for business executives, policy makers and others seeking insight into the state of innovation around the world.

|GlobalGiants.Com|

Edited & Posted by the Editor | 1:10 PM | Link to this Post

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