Government policy, strong R&D spending and coordination characterise groupings such as HBP and EUREKA. These factors also make countries more innovative. Switzerland yet again tops this year’s Global Innovation Index (GII), ahead of  seven other European countries in the top 10, Singapore (ranked 6th) and the U.S. (4th). Switzerland and its peers got top marks across major pillars of our index, such as the strength of institutions, infrastructure, human capital and research and market sophistication.

2016 TOP 10
1. Switzerland
2. Sweden
3. United Kingdom
4. United States
5. Finland
6. Singapore
7. Ireland
8. Denmark
9. Netherlands
10. Germany

Leveraging global innovation

The index, a collaboration in itself between INSEAD, Cornell University and the World Intellectual Property Organisation (WIPO), finds that investments in R&D and innovation are central to economic growth; helping developed countries reinvent themselves in times of economic decline and emerging countries answer their societies’ growing needs.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s