Industry Press Releases

Release of The Global Innovation Index 2012

Aug 03. 2012
02:08
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Switzerland Retains First-Place Position in Innovation Performance

For the second year running, Switzerland, Sweden, and Singapore lead in overall innovation performance according to the Global Innovation Index 2012 (GII): Stronger Innovation Linkages for Global Growth, published by INSEAD, the leading international business school, and the World Intellectual Property Organization (WIPO), a specialized agency of the United Nations.

The report ranks 141 countries/economies on the basis of their innovation capabilities and results. It benefits from the experience of Knowledge Partners Alcatel-Lucent, Booz & Company, and the Confederation of Indian Industry (CII), as well as an Advisory Board of eleven international experts.

The study shows that the dynamics of innovation continue to be affected by the emergence of new successful innovators, as seen by the range of countries across continents in the top twenty GII ranking, as well as the good performances of emerging countries such as Latvia, Malaysia, China, Montenegro, Serbia, Republic of Moldova, Jordan, Ukraine, India, Mongolia, Armenia, Georgia, Namibia, Viet Nam, Swaziland, Paraguay, Ghana, Senegal; and low-income countries Kenya and Zimbabwe.

The GII is a timely reminder that policies to promote innovation are critical to the debate on spurring sustainable economic growth,WIPO Director General Francis Gurry said. The downward pressure on investment in innovation exerted by the current crisis must be resisted. Otherwise we risk durable damage to countries’ productive capacities. This is the time for forward-looking policies to lay the foundations for future prosperity.

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