Switzerland is the leading innovation economy - Finland ranked 7th

The Global Innovation Index (GII) is an annual ranking of the world’s economies on innovation capacity and output. According to the GII 2020, Switzerland, Sweden, U.S., U.K. and the Netherlands lead the innovation ranking, followed by Denmark and Finland. All the innovation leaders have complementarity and balance across the different areas of their innovation system.

Among high-income economies, patent families are critical to economies like Switzerland, Japan, the Netherlands, Sweden, the Republic of Korea, Austria, Finland, and Israel, accounting for more than 40% of their innovation quality score.

For several years, the GII has also provided a perspective on the spatial distribution of innovative activity. In particular, it has identified the world’s most intense clusters of science and technology (S&T) activity. This year, Cambridge and Oxford took the first two places in the S&T intensity. Helsinki was ranked 18th, behind Stockholm (14th) but ahead of Copenhagen (20th).

Read the full report on the WIPO website.

Published annually since 2007, the GII is now a leading benchmarking tool for business executives, policy makers and others seeking insight into the state of innovation around the world. The GII 2020 is co-published by Cornell University, INSEAD, and the World Intellectual Property Organization (WIPO).

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Latest update 09.09.2020