Government policy, strong R&D spending and coordination characterise groupings such as HBP and EUREKA. These factors also make countries more innovative. Switzerland yet again tops this year’s Global Innovation Index (GII), ahead of seven other European countries in the top 10, Singapore (ranked 6th) and the U.S. (4th). Switzerland and its peers got top marks across major pillars of our index, such as the strength of institutions, infrastructure, human capital and research and market sophistication.
|2016 TOP 10|
Leveraging global innovation
The index, a collaboration in itself between INSEAD, Cornell University and the World Intellectual Property Organisation (WIPO), finds that investments in R&D and innovation are central to economic growth; helping developed countries reinvent themselves in times of economic decline and emerging countries answer their societies’ growing needs.
Read more at http://knowledge.insead.edu/entrepreneurship/the-worlds-most-innovative-countries-2016-4864#YxKJWCzXqowTfVTB.99