Switzerland Continues to Be the Most Innovative Country in the World

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Switzerland Continues to Be the Most Innovative Country in the World

Switzerland ranks first place for the 10th consecutive year in the Global Innovation Index (GII) for 2020, followed by Sweden, the United States of America and the United Kingdom. Japan retains its position in the Top 20 and achieves 16th place.

Switzerland has been top ranked since 2011 and continues the lead in the ranking with a considerable higher score (66.08) than second ranked Sweden (62.47). This is result of a balanced and strong performance across all seven GII pillars, such as in Institutions (13.), Human Capital & Research (6.), Infrastructure (3.), Market Sophistication (6.), Business Sophistication, Knowledge & Technology Outputs (1.) and Creative Outputs (2.). Japan, with an overall score of 52.7 ranks 16th and makes it into the Top 5 of Asian countries. Furthermore, in the list of Top Science and Technology clusters, Tokyo-Yokohama is top ranked, like in the previous year. It reflects the strong patenting and scientific publication performance of the area.

The GII is an annual innovation ranking of 131 economies that is published for the 13th time by the World Intellectual Property Organization (WIPO), Cornell University and INSEAD. The ranking is calculated by the average of the Innovation Input Index and Innovation Output Index, which are composed of five and two pillars respectively.

For more information please visit the official Website:
https://www.wipo.int/global_innovation_index/en/2020/

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Publication Date
Wed, 09/02/2020 - 01:28