Issue 74 - 19th July, 2012

Global Innovation Index 2012
Released jointly by WIPO, INSEAD and its Global Innovation Index 2012 edition Knowledge Partners, Alcatel-Lucent, Booz & Company, the Confederation of Indian Industry (CII)

The report ranks 141 countries/economies on the basis of their innovation capabilities and results.
Top 10 Leaders in the Global Innovation Index
1. Switzerland
2. Sweden
3. Singapore
4. Finland
5. United Kingdom
6. Netherlands
7. Denmark
8. Hong Kong (China)
9. Ireland
10. United States of America
The Netherlands has climbed three spot to 6th place from last year. According to the report, strong points for the Netherlands include its regulatory environment, ICT infrastructure, and creative outputs, while weak points include various facets of education (e.g. the pupil-teacher ratio in secondary schools) and ecological sustainability.
India ranks 64th on the GII. The report notes that India and the other BRIC countries need to invest further in their innovation capabilities to live up to their expected potential. India’s weak points include its innovation infrastructure and environment.
Top 10 Leaders in the overall Global Innovation Efficiency Index 2012
Complementing the overall GII ranking, the Global Innovation Efficiency Index shows which countries are best in transforming given innovation inputs into innovation outputs. Countries which are strong in producing innovation outputs despite a weaker innovation environment and innovation inputs, are poised to rank high in this “efficiency” index.
In the Global Innovation Efficiency Index, China and India lead the top 10 league of countries. Four of the top 10 countries in the Efficiency Index are lower-middle income countries.
1. China
2. India
3. Republic of Moldova
4. Malta
5. Switzerland
6. Paraguay
7. Serbia
8. Estonia
9. Netherlands
10. Sri Lanka
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