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Thursday, July 25 2019 - 03:35
AsiaNet
Global Innovation Index 2019: Switzerland, Sweden, U.S., Netherlands, U.K. Top Ranking; India Makes Major Gains; Trade Protectionism Poses Risks for Future Innovation
NEW DELHI, July 25, 2019 /PRNewswire-AsiaNet/ --

Switzerland is the world's most-innovative country followed by Sweden, the 
United States of America, the Netherlands and the United Kingdom, according to 
the 2019 edition of the Global Innovation Index (GII), which also identifies 
regional leaders India, South Africa, Chile, Israel and Singapore, with China, 
Viet Nam and Rwanda topping their income groups.
  
Now in its 12th edition, the GII is a global benchmark that helps policy makers 
better understand how to stimulate and measure innovative activity, a main 
driver of economic and social development. The GII 2019 ranks 129 economies 
based on 80 indicators, from traditional measurements like research and 
development investments and international patent and trademark applications to 
newer indicators including mobile-phone app creation and high-tech exports. 

The GII 2019 also looks at the economic context: Despite signs of slowing 
economic growth, innovation continues to blossom, particularly in Asia, but 
pressures are looming from trade disruptions and protectionism. Sound 
government planning for innovation is critical for success, the report shows. 

"The GII shows us that countries that prioritize innovation in their policies 
have seen significant increases in their rankings," said WIPO Director General 
Francis Gurry. "The rise in the GII by economic powerhouses like China and 
India have transformed the geography of innovation and this reflects deliberate 
policy action to promote innovation," said WIPO Director General Francis Gurry.

Top 20 in GII 2019 ranking: Switzerland (1), Sweden (2), United States of 
America (3), The Netherlands (4), United Kingdom (5), Finland (6), Denmark (7), 
Singapore (8), Germany (9), Israel (10), Republic of Korea (11), Ireland (12), 
Hong Kong (China) (13), China (14), Japan (15), France (16), Canada (17), 
Luxemburg (18), Norway (19), Iceland (20).

For the first time, the GII launch was hosted by the Government of India, which 
uses the GII in creative ways to strengthen its policy framework for innovation 
at both the national and regional levels.

More: https://www.wipo.int/pressroom/en/articles/2019/article_0008.html

Logo - https://mma.prnewswire.com/media/951610/WIPO_Logo.jpg 

Contacts: 

Edward Harris
Edward.harris@wipo.int

Samar Shamoon
samar.shamoon@wipo.int

+41223388161

Source: World Intellectual Property Organization (WIPO)
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