For the fourth year in a row Switzerland tops the Global Innovation Index

Switzerland remains the most innovative country in the world and ranks first in the Global Innovation Index (GII) for the fourth time in a row. The Top Three are completed by the United Kingdom in second and Sweden in third place.

The Global Innovation Index 2014 (GII), in its 7th edition this year, is co-published by Cornell University, INSEAD, and the World Intellectual Property Organization(WIPO, an agency of the United Nations, UN).

The core of the GII Report consists of a ranking of world economies’ innovation capabilities and results. Over the last seven years, the GII has established itself as a leading reference on innovation. Understanding in more detail the human aspects behind innovation is essential for the design of policies that help promote economic development and richer innovation-prone environments locally. Recognizing the key role of innovation as a driver of economic growth and prosperity, and the need for a broad horizontal vision of innovation applicable to developed and emerging economies, the GII includes indicators that go beyond the traditional measures of innovation such as the level of research and development.

European countries continue to dominate the Global Innovation Index with the first Non-European country being the United States of America on sixth, followed by Singapore on seventh and Hong Kong on tenth rank. The top 10 is completed by Finland (4th), the Netherlands (5th), Denmark (8th), and Luxembourg (9th).

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