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Global Innovation Index

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Global Innovation Index
SpracheEnglish, French, Italian, Spanish, Arabic, Chinese, Russian, German, Korean, Portuguese, Japanese
Publication details
History2007–present
Publisher
FrequencyAnnual
LicenseCC BY 4.0
Standard abbreviations
ISO 4Glob. Innov. Index
Indexing
ISSN2263-3693
Links
Framework showing the elements of the index

The Global Innovation Index is an annual ranking of countries by their capacity for, and success in, innovation, published by the World Intellectual Property Organization (WIPO). It was started in 2007 by INSEAD and World Business,[1]: 203  a British magazine. Until 2021 it was published by WIPO, in partnership with Cornell University, INSEAD and other organisations and institutions.[2]: 333 [3] It is based on both subjective and objective data derived from several sources, including the International Telecommunication Union, the World Bank and the World Economic Forum.[1]: 203 

History

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The index was started in 2007 by INSEAD and World Business,[1]: 203  a British magazine. It was created by Soumitra Dutta.[4]

Methodology

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The index is computed by taking a simple average of the scores in two sub-indices, the Innovation Input Index and Innovation Output Index, which are composed of five and two pillars respectively. Each of these pillars describe an attribute of innovation, and comprise up to five indicators, and their score is calculated by the weighted average method.[5]

Since its inception in 2007, an increasing number of governments systematically analyze their annual GII results and design policy responses to improve their performance.[6][7][8][9][10] The index is mentioned in a resolution on science, technology and innovation for sustainable development adopted on 19 December 2019 by the General Assembly of the United Nations.[11]

The index has been criticized for giving excessive significance attributed to factors that aren’t integral to innovation. For instance, “Ease of Paying Taxes“, “Electricity Output“ (half-weightage) and “Ease of Protecting Minority Investors” are factors alongside “Ease of Getting Credit” and “Venture Capital Deals“.[12]

Themes

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Every two years the GII covers a theme related to innovation which goes beyond the innovation rankings. In 2020, the theme was “Who will finance innovation?” shedding light on the state of innovation financing by investigating the evolution of existing mechanisms and pointing to progress and remaining challenges. Previous GII themes covered health innovation, environmental innovation, agricultural and food innovation, and others.[13]

Ranking

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Movement in the Global Innovation Index top 10 countries and territories between 2018 and 2022

The top 50 ranking for 2023:[14][15]

Rank Land Score
1   Schweiz 67.6
2  Schweden 64.2
3  Vereinigte Staaten 63.5
4  Vereinigtes Königreich 62.4
5  Singapur 61.5
6  Finnland 61.2
7  Niederlande 60.4
8  Deutschland 58.8
9  Dänemark 58.7
10  Südkorea 58.6
11  Frankreich 56.0
12  China 55.3
13  Japan 54.6
14  Israel 54.3
15  Kanada 53.8
16  Estland 53.4
17  Hongkong 53.3
18  Österreich 53.2
19  Norwegen 50.7
20  Island 50.7
21  Luxemburg 50.6
22  Irland 50.4
23  Belgien 49.9
24  Australien 49.7
25  Malta 49.1
26  Italien 46.6
27  Neuseeland 46.6
28  Zypern 46.3
29  Spanien 45.9
30  Portugal 44.9
31  Tschechische Republik 44.8
32  Vereinigte Arabische Emirate 43.2
33  Slowenien 42.2
34  Litauen 42.0
35  Ungarn 41.3
36  Malaysia 40.9
37  Lettland 39.7
38  Bulgarien 39.0
39  Türkei 38.6
40  Indien 38.1
41  Polen 37.7
42  Griechenland 37.5
43  Thailand 37.1
44  Kroatien 37.1
45  Slowakei 36.2
46  Vietnam 36.0
47  Rumänien 34.7
48  Saudi-Arabien 34.5
49  Brasilien 33.6
50  Katar 33.4

See also

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References

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  1. ^ a b c Jean-Eric Aubert (editor) (2010). Innovation Policy: A Guide for Developing Countries. Washington, DC: World Bank. ISBN 9780821382691.
  2. ^ Charles H. Matthews, Ralph Brueggemann (2015). Innovation and Entrepreneurship: A Competency Framework. London; New York: Routledge. ISBN 9780415742528.
  3. ^ "UK ranked as world-leader in innovation". Department for Business, Innovation & Skills. 17 September 2015. Retrieved 15 July 2016.
  4. ^ "Academic Network – Portulans Institute". portulansinstitute.org. Retrieved 15 November 2022.
  5. ^ Soumitra Dutta, Bruno Lanvin, Sacha Wunsch-Vincent (editors) (2015). Global Innovation Index Report 2015. Fontainebleau; Ithaca; Geneva: INSEAD, Cornell and WIPO. ISBN 9782952221085. Archived 18 February 2016.
  6. ^ "Republic Act No. 11293 : The Philippine Innovation Act declares the GII as a measure of innovation". lawphil.net. Retrieved 15 November 2022.
  7. ^ In July 2021, the Intellectual Property Strategy Headquarters under the Prime Minister's Office in Japan decided on the Intellectual Property Promotion Plan 2021, setting forth a plan of annual action related to intellectual property for all ministries and agencies. In the first part of the plan, WIPO's GII is cited (p.5):https://www.kantei.go.jp/jp/singi/titeki2/kettei/chizaikeikaku20210713.pdf
  8. ^ The GII is also cited throughout the official Malaysian Government report, the Twelfth Malaysia Plan (RMK12): https://rmke12.epu.gov.my/en.
  9. ^ "Resolution No. 01/NQ-CP on solutions for implementation of socio economic development plan in 2021". LuatVietnam. Retrieved 9 November 2022.
  10. ^ "UK ranked as world-leader in innovation". Department for Business, Innovation & Skills. 17 September 2015. Retrieved 15 July 2016.
  11. ^ A/RES/74/229: Seventy-fourth session: Agenda item 20 (b): Globalization and interdependence: science, technology and innovation for sustainable development: Resolution adopted by the General Assembly on 19 December 2019. Accessed December 2021.
  12. ^ Dašić, Predrag; Dašić, Jovan; Antanasković, Dejan; Pavićević, Nina (2020). "Statistical Analysis and Modeling of Global Innovation Index (GII) of Serbia". In Karabegović, Isak (ed.). New Technologies, Development and Application III. Lecture Notes in Networks and Systems. Vol. 128. Cham: Springer International Publishing. pp. 515–521. doi:10.1007/978-3-030-46817-0_59. ISBN 978-3-030-46817-0. S2CID 218917874.
  13. ^ "Publications: Global Innovation Index". Wipo.int. Retrieved 8 May 2022.
  14. ^ WIPO. "Global Innovation Index 2023, 15th Edition". www.wipo.int. Retrieved 8 November 2023.
  15. ^ Akhilesh, Kumar (12 June 2024). "Political Economy of STI in China: Analyzing Official Discourse on Science, Technology and Innovation-Driven Development in the Contemporary China". BRICS Journal of Economics. Retrieved 14 June 2024.
  •  This article incorporates text available under the CC BY 4.0 license.

Further reading

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