The World Intellectual Property Organization’s (WIPO) Global Innovation Index 2024 highlights Switzerland’s continued dominance as the most innovative country for the 14th year, excelling in Knowledge and Technology Outputs, IP payments, and research partnerships. The report also emphasizes the role of collaboration among established leaders like Switzerland, Sweden, and the U.S., as well as strong performers such as Singapore, South Korea, and the United Kingdom, which lead in areas like market sophistication, business sophistication, and creative outputs. While China, India, and Vietnam are not listed in this year’s dataset, their strides in R&D, high-tech exports, and creative industries show they are also key innovators.
My Take
The Global Innovation Index 2024 illustrates how established leaders excel through advanced infrastructure and business sophistication. Rising innovators like China, India, and Vietnam drive progress with bold investments in R&D and high-tech exports. Companies should explore partnerships with innovative countries to stay competitive.
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Link to article:
https://www.voronoiapp.com/technology/Top-10-Countries-in-Global-Innovation-Index-GII-2024-3553
Credit: Visual Capitalist
This post was enhanced with AI assistance, thoroughly reviewed, edited, and reflects my own thoughts.