Wednesday, August 22, 2012

Malaysia Identified as Innovation Learners

In early July 2012, WIPO along with leading business school INSEAD, published The Global Innovation Index 2012: Stronger Innovation Linkages for Global Growth. The GII, prepared in conjunction with knowledge partners Alcatel-Lucent, Booz & Co., and the Confederation of Indian Industry (CII), reports on the innovation capabilities and performance of 141 economies. The GII measures the degree to which countries and businesses integrate innovation into their political, business and social spheres.

Switzerland, Sweden and Singapore topped the GII rankings, followed by Finland, the UK, the Netherlands, Denmark, Hong Kong (China), Ireland, and the US. These “innovation leaders” have succeeded in creating innovation ecosystems that support human capital and stable innovation infrastructures.

Other so-called “innovation learners” (countries in which levels of innovation are rising as a result of notable but fragmented improvements in institutional frameworks and innovation infrastructure; a skilled labor force; and a more sophisticated business community) are also identified. These include – among middle-income countries – Latvia, Malaysia, China, Montenegro, Serbia, the Republic of Moldova, Jordan, Ukraine, India, Mongolia, Armenia, Georgia, Namibia, Viet Nam, Swaziland, Paraguay, Ghana and Senegal. Among low-income countries, Kenya and Zimbabwe stand out. - WIPO Magazine

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