The Netherlands ranked 4th most innovative country
Based on 2019 ranking of the Global Innovation Index (GII), Switzerland is the world’s most-innovative country, followed by Sweden, the United States, the Netherlands and the United Kingdom, and Germany on a stable place 9.
Now in its 12th edition, the GII aims to help policymakers better understand how to stimulate and measure innovative activity, an important driver of economic and social development. The GII 2019 ranks 129 economies based on 80 indicators, from traditional measurements like research and development investments and international patent and trademark applications to newer indicators including mobile-phone app creation and high-tech exports.
The GII 2019 also looks at the economic context: Despite signs of slowing economic growth, innovation continues to blossom, particularly in Asia, but pressures are looming from trade disruptions and protectionism.
Sound government planning for innovation is critical for success, the report says. “The GII shows us that countries that prioritize innovation in their policies have seen significant increases in their rankings,” said WIPO Director General Francis Gurry. “The rise in the GII by economic powerhouses like China and India have transformed the geography of innovation and this reflects deliberate policy action when it comes to promoting innovation,” said WIPO Director General Francis Gurry.