The index was started in 2007 by INSEAD and World Business,[1]: 203 a British magazine. It was created by Soumitra Dutta.[4]
Methodology
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
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
Movement in the Global Innovation Index top 10 countries and territories between 2018 and 2022
^ abcJean-Eric Aubert (editor) (2010). Innovation Policy: A Guide for Developing Countries. Washington, DC: World Bank. ISBN9780821382691.
^Charles H. Matthews, Ralph Brueggemann (2015). Innovation and Entrepreneurship: A Competency Framework. London; New York: Routledge. ISBN9780415742528.
^"UK ranked as world-leader in innovation". Department for Business, Innovation & Skills. 17 September 2015. Retrieved 15 July 2016.
^"Academic Network – Portulans Institute". portulansinstitute.org. Retrieved 15 November 2022.
^Soumitra Dutta, Bruno Lanvin, Sacha Wunsch-Vincent (editors) (2015). Global Innovation Index Report 2015. Fontainebleau; Ithaca; Geneva: INSEAD, Cornell and WIPO. ISBN9782952221085. Archived 18 February 2016.
^"Republic Act No. 11293 : The Philippine Innovation Act declares the GII as a measure of innovation". lawphil.net. Retrieved 15 November 2022.
^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
^The GII is also cited throughout the official Malaysian Government report, the Twelfth Malaysia Plan (RMK12): https://rmke12.epu.gov.my/en.
^"Resolution No. 01/NQ-CP on solutions for implementation of socio economic development plan in 2021". LuatVietnam. Retrieved 9 November 2022.
^"UK ranked as world-leader in innovation". Department for Business, Innovation & Skills. 17 September 2015. Retrieved 15 July 2016.
^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.
^Dašić, Predrag; Dašić, Jovan; Antanasković, Dejan; Pavićević, Nina (2020). Karabegović, Isak (ed.). "Statistical Analysis and Modeling of Global Innovation Index (GII) of Serbia". New Technologies, Development and Application III. Lecture Notes in Networks and Systems. Cham: Springer International Publishing. 128: 515–521. doi:10.1007/978-3-030-46817-0_59. ISBN978-3-030-46817-0. S2CID 218917874.
^"Publications: Global Innovation Index". Wipo.int. Retrieved 8 May 2022.
^WIPO. "Global Innovation Index 2022, 15th Edition". www.wipo.int. Retrieved 18 October 2022.
This article incorporates text available under the CC BY 4.0 license.
Further reading
Global innovation rankings: The innovation game. The Economist. September 17, 2015.
May 08, 2023
global, innovation, index, annual, ranking, countries, their, capacity, success, innovation, published, world, intellectual, property, organization, wipo, started, 2007, insead, world, business, british, magazine, until, 2021, published, wipo, partnership, wit. 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 Global Innovation IndexLanguageEnglish French Spanish Arabic Chinese Russian German Korean Portuguese JapanesePublication detailsHistory2007 presentPublisherWorld Intellectual Property OrganizationFrequencyAnnualLicenseCC BY 4 0IndexingCODEN JSTOR alt LCCN alt MIAR NLM alt ScopusISSN2263 3693Linkswipo int global innovation index globalinnovationindex orgFramework showing the elements of the index Contents 1 History 2 Methodology 3 Themes 4 Ranking 5 See also 6 References 7 Further readingHistory EditThe index was started in 2007 by INSEAD and World Business 1 203 a British magazine It was created by Soumitra Dutta 4 Methodology EditThe 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 EditEvery 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 Edit Movement in the Global Innovation Index top 10 countries and territories between 2018 and 2022 The top 50 ranking for 2022 14 GII rank Country Territory Income group rank Region Region rank1 Switzerland 1 Europe 12 United States 2 Northern America 13 Sweden 3 Europe 24 United Kingdom 4 Europe 35 Netherlands 5 Europe 46 South Korea 6 East Asia 17 Singapore 7 Southeast Asia 28 Germany 8 Europe 59 Finland 9 Europe 610 Denmark 10 Europe 711 China 1 East Asia 312 France 11 Europe 813 Japan 12 East Asia 414 Hong Kong 13 East Asia 515 Canada 14 Northern America 216 Israel 15 Western Asia 117 Austria 16 Europe 918 Estonia 17 Europe 1019 Luxembourg 18 Europe 1120 Iceland 19 Europe 1221 Malta 20 Europe 1322 Norway 21 Europe 1423 Ireland 22 Europe 1524 New Zealand 23 Oceania 625 Australia 24 Oceania 726 Belgium 25 Europe 1627 Cyprus 26 Western Asia 228 Italy 27 Europe 1729 Spain 38 Europe 1830 Czech Republic 29 Europe 1931 United Arab Emirates 30 Western Asia 332 Portugal 31 Europe 2033 Slovenia 32 Europe 2134 Hungary 33 Europe 2235 Bulgaria 2 Europe 2336 Malaysia 3 Southeast Asia 837 Turkey 4 Western Asia 438 Poland 34 Europe 2439 Lithuania 35 Europe 2540 India 1 South Asia 141 Latvia 36 Europe 2642 Croatia 37 Europe 2743 Thailand 5 Southeast Asia 944 Greece 38 Europe 2845 Mauritius 6 Sub Saharan Africa 146 Slovakia 39 Europe 2947 Russia 7 Europe 3048 Vietnam 2 Southeast Asia 1049 Romania 8 Europe 3150 Chile 40 Latin America 1See also EditInternational Innovation IndexReferences Edit a b c Jean Eric Aubert editor 2010 Innovation Policy A Guide for Developing Countries Washington DC World Bank ISBN 9780821382691 Charles H Matthews Ralph Brueggemann 2015 Innovation and Entrepreneurship A Competency Framework London New York Routledge ISBN 9780415742528 UK ranked as world leader in innovation Department for Business Innovation amp Skills 17 September 2015 Retrieved 15 July 2016 Academic Network Portulans Institute portulansinstitute org Retrieved 15 November 2022 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 Republic Act No 11293 The Philippine Innovation Act declares the GII as a measure of innovation lawphil net Retrieved 15 November 2022 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 The GII is also cited throughout the official Malaysian Government report the Twelfth Malaysia Plan RMK12 https rmke12 epu gov my en Resolution No 01 NQ CP on solutions for implementation of socio economic development plan in 2021 LuatVietnam Retrieved 9 November 2022 UK ranked as world leader in innovation Department for Business Innovation amp Skills 17 September 2015 Retrieved 15 July 2016 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 Dasic Predrag Dasic Jovan Antanaskovic Dejan Pavicevic Nina 2020 Karabegovic Isak ed Statistical Analysis and Modeling of Global Innovation Index GII of Serbia New Technologies Development and Application III Lecture Notes in Networks and Systems Cham Springer International Publishing 128 515 521 doi 10 1007 978 3 030 46817 0 59 ISBN 978 3 030 46817 0 S2CID 218917874 Publications Global Innovation Index Wipo int Retrieved 8 May 2022 WIPO Global Innovation Index 2022 15th Edition www wipo int Retrieved 18 October 2022 This article incorporates text available under the CC BY 4 0 license Further reading EditGlobal innovation rankings The innovation game The Economist September 17 2015 Retrieved from https en wikipedia org w index php title Global Innovation Index amp oldid 1147509171, wikipedia, wiki, book, books, library,
