The much-awaited Global Innovation Index (GII) 2018 report has finally been released.
It names Singapore the most innovative country outside of Europe which ranked in the top 5 in all input pillars and gained top rank in Human capital and research. Rising by two ranks since 2017, Singapore hailed as ‘A Living Lab for Renewable Energy’.
Among a plethora of other ‘bests’ and ‘mosts’, Singapore is also the world’s most innovative country outside of Europe!
The overall GII score is calculated as the simple average of the Input and Output Sub-Index scores.
The report shows that Singapore ranks fifth worldwide with a score of 59.80 following Switzerland (68.40), the Netherlands (63.30), Sweden (63.10), and the United Kingdom (60.10).
Seasia compiled the regional ranking and here is the full details:
Note: Laos and Myanmar are not listed among the countries assessed by the report.
The GII 2018 marks the 11th edition of the GII, and the beginning of its second decade providing data and insights gathered from tracking innovation across the globe.
This year’s edition is dedicated to the theme of Energizing the World with Innovation.
The ranking published by the WIPO, which is the global forum for intellectual property services, policy, information and cooperation. It is a self-funding agency of the United Nations, with 191 member states.
It aims to lead the development of a balanced and effective international intellectual property system that enables innovation and creativity for the benefit of all.