Chart of the Day: These are the world’s most innovative economies

Switzerland has clinched first position yet again in the latest Global Innovation Index – a title it has held since 2011.

So is there a Swiss recipe for success? The small, landlocked country punches far above its weight in patenting, intellectual property receipts and manufacturing of high-tech products, according to the report.

Sweden is ranked second followed by the United States, the Netherlands and the United Kingdom.

Each year the index, produced by the UN World Intellectual Property Organization (WIPO), Cornell University’s SC Johnson College of Business, and graduate business school INSEAD, ranks the innovation performance of nearly 130 economies around the world.

It does this using 80 indicators ranging from research and development expenditure and patent and trademark applications to newer measurements such as mobile app creation and high-tech exports.

This year, notably, the US re-entered the top five, having fallen to sixth in 2018. And Israel, at No. 10, became the first country from the Northern Africa and Western Asia region to break into the top 10.

Συνέχεια ανάγνωσης εδώ: www.weforum.org/agenda