Global Innovation Index

The Global Innovation Index is published annually by WIPO. It analyses the complicated web of factors that define a country's innovation capacity, from robust institutions to vibrant markets. This analysis is presented through sub-indexes, offering a subtle picture of each nation's strengths and areas for improvement.

Example of Global Innovation Index Use

Scenario:

• Country A ranks 25th in the GII.

• Sub-index analysis shows:

  • High score in human capital and research

  • Low score in market sophistication

• Interpretation: Country A has strong talent and research capabilities but needs better financial systems and market structures to fully leverage its innovation potential.

Policy Implication:

• Government may focus on improving access to venture capital, fostering start-ups, and enhancing market regulations to encourage innovation-led growth