In the ranking of the Global Innovation Index (GII), Switzerland is once again number one in the world. The Index is published by the World Intellectual Property Organization (Wipo), the French business school INSEAD and Cornell University. It ranks the performance of 130 countries, examining both the necessary conditions for innovation and the new creations that result from innovation.
Great environment for innovation
Investment in innovation is particularly high in Switzerland: in the subcategory of Innovation Input, it ranks second in the world. Alongside a good business environment and political stability, it offers ever-better ICT services. In this latter segment, Switzerland has further improved through new electronic government services, among other areas. Owing to strong investment in research and development and the high quality of local universities, Switzerland creates good conditions for innovation.
Worldwide, Switzerland is most effective in transforming innovation investment into results. In the relevant subcategory of Innovation Output, it once again takes first place. Switzerland scores particularly well for innovation in knowledge and technology outputs. Looking at patent filings worldwide, Switzerland shares first place with Sweden and Finland. What’s more, innovations from Switzerland are of a high quality, with the country ranking fourth in the world for this category.
In the overall ranking, Switzerland is followed by Sweden, the USA, the Netherlands, the UK, Finland, Denmark, Singapore, Germany and Israel.