Global innovation index 2022

Summary The Global Innovation Index 2022 (GII) tracks global innovation trends against the background of an ongoing COVID-19 pandemic, slowing productivity growth and other evolving challenges. The GII reveals the most innovative economies in the world, ranking the innovation performance of 132 economies, highlighting their innovation strengths and weaknesses, and pinpointing any gaps in their innovation metrics. This 2022 edition of the GII focuses on the effect of innovation on productivity and wellbeing of society over the coming decades.

The Global Innovation Index 2022 points to two new major waves of innovation that could create economic growth and increase social welfare: one related to digitization and the other to advances in Science The On the premise that innovation is a key driver of economic development, the GII aims to provide a classification of innovation and an analysis benchmarking 132 economies. Over the last decade, the GII has established itself as one of the main references on innovation and as an “action tool” for countries that have incorporated the GII into their innovation programs. Following the Soumitra Dutta, trustee of the Bankinter Foundation of Innovation and Dean of the The thematic focus of the GII 2022 has been What is the future of innovation-driven growth? Produced by the The GII 2022 identifies two new waves of innovation that could lead future growth: 1.- A Digital Age innovation wave based on supercomputing, 2.- A Science innovation wave based on advances in These two waves have the potential to bring both economic and social benefits. However, the GII 2022 warns that the positive effects of these two novel waves may not materialize soon. Many challenges must first be overcome, particularly in the area of technology adoption and diffusion. A few findings of the Global Innovation Index In addition, some interesting findings from the GII 2022 report are: • Global investments in innovation increased during the COVID-19 pandemic and multiplied in 2021, but their resilience i...

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Contents • • Key findings • Switzerland topped the Global Innovation Index for the 12 th consecutive year. It leads the world in innovation outputs and specifically in patents by origin, software spending, high-tech manufacturing and production as well as export complexity. • The second position was held by the United States, followed by Sweden, the United Kingdom and the Netherlands. • The ranking of the most innovative economies takes into consideration infrastructure and technology outputs, human and capital research, business sophistication etc. • India has climbed 6 positions to 40 th rank in the GII due to improvements in several parameters. • India’s performance is above average among the upper middle-income countries group in almost all innovation pillars, with exception to infrastructure, where the country scored below average. • India is the top performer among the South Asian countries. • It is the innovation leader in the lower middle-income group and it continues to lead the world in the information and communication technology (ICT) services exports. • It is the top performer in indicators like venture capital receipt value, finance for startups and scaleups, graduates in science and engineering, labour productivity growth and domestic industry diversification. • According to the report, India and Turkiye entered the top 40 for the first time, with Turkiye being ranked at 37th position. • India has overtaken Vietnam (48 th rank) as the top lower middle-income...

The 2022 edition of the Global Innovation Index (GII) tracks the most recent global innovation trends against the background of an ongoing COVID-19 pandemic, slowing productivity growth and other evolving challenges. It reveals the most innovative economies in the world, ranking the innovation performance of around 132 economies while highlighting innovation strengths and weaknesses. This edition's thematic focus on the future of innovation-driven growth provides a stance on whether stagnation and low productivity growth are here to stay, or whether we are about to enter a new era, where new innovation spurts - the Digital Age and the Deep Science Innovation waves - bring about an economic uplift. Switzerland is the most innovative economy in the world in 2022 - for the 12 th year in a row - followed by the United States, Sweden, the United Kingdom and the Netherlands. China is nearing the top 10 while Türkiye and India enter the top 40 for the first time, according to the GII 2022. How does your economy rank in the Global Innovation Index 2022? Find out more about the The Global Innovation Index 2022 announces the biggest science and technology (S&T) innovation clusters in the world with the highest density of inventors and scientific authors. S&T innovation clusters are often referred to as “science and technology hubs”. In 2022, Tokyo–Yokohama is the top science and tech hub in the world, followed by Shenzhen–Hong Kong–Guangzhou (China and Hong Kong, China), Beijing (Ch...