Global Innovation Index – 2016

The recently released Global Innovation Index (2016) compares the innovation and technological performance of 128 countries worldwide.

The Global Innovation Index (GII), in its 9th edition this year, is co-published by Cornell University, INSEAD, and the World Intellectual Property Organisation (WIPO, a specialised agency of the United Nations).

The GII is now a leading benchmarking tool for business executives, policy makers and others seeking insight into the state of innovation around the world. Policy-makers, business leaders and other stakeholders use the GII to evaluate progress on a continual basis. It takes into account data on the political and economic conditions, figures on education, research and development system, and outputs in the areas of knowledge, technology and creativity. This year 128 countries were compared on the basis of 82 indicators.

For the sixth consecutive year, Switzerland was chosen as the most innovative nation in the world, followed by Sweden, the UK, the USA, Finland and Singapore. Germany improved by two places compared to the previous year (2015) and entered the top 10 for the first time. Australia was in the top-20, placed at 19th, while China was ranked 25th and marks the first time a middle-income country has joined the highly developed economies that have historically dominated the top of the GII.

Top 25 Rankings

  1. Switzerland (Number 1 in 2015)
  2. Sweden (3)
  3. United Kingdom (2)
  4. United States of America (5)
  5. Finland (6)
  6. Singapore (7)
  7. Ireland (8)
  8. Denmark (10)
  9. Netherlands (4)
  10. Germany (12)
  11. Republic of Korea (14)
  12. Luxembourg (9)
  13. Iceland (13)
  14. Hong Kong (China) (11)
  15. Canada (16)
  16. Japan (19)
  17. New Zealand (15)
  18. France (21)
  19. Australia (17)
  20. Austria (18)
  21. Israel (22)
  22. Norway (20)
  23. Belgium (25)
  24. Estonia (23)
  25. China (29)

More information, and the full ranking, can be found at WIPO

Photo credit: “http://www.colourbox.com”. Material used in the preparation of this article has been drawn from The Federal Ministry for Education and Research (BMBF).

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