The Global Innovation Index (GII) provides detailed metrics about the innovation performance of 126 countries which represent 90.8% of the world’s population and 96.3% of global GDP. Its 80 indicators explore a broad vision of innovation, including political environment, education, infrastructure and business sophistication.
The GII 2018 marks the 11th edition of the GII, and the beginning of its second decade providing data and insights gathered from tracking innovation across the globe. This year’s edition, is dedicated to the theme of Energizing the World with Innovation. It analyses the energy innovation landscape of the next decade and identifies possible breakthroughs in fields such as energy production, storage, distribution, and consumption. It also looks at how breakthrough innovation occurs at the grassroots level and describes how small-scale renewable systems are on the rise.
The GII ranks 126 economies based on 80 indicators, ranging from intellectual property filing rates to mobile-application creation, education spending and scientific and technical publications. The GII 2018 top ten: The Netherlands, Sweden, the United Kingdom, Singapore, United States of America, Finland, Denmark, Germany and Ireland. China’s number 17 ranking this year represents a breakthrough for an economy witnessing rapid transformation guided by government policy prioritizing research and development-intensive ingenuity. While the United States fell back to number six in the GII 2018, it is an innovation powerhouse that has produced many of the world’s leading hi-tech firms and life-changing innovations.
You can view the full WIPO Global Innovation Index 2018.