Switzerland Again #1 in Global Innovation Index

(INSEAD Knowledge, July 01, 2013)

The Global Innovation Index produced by INSEAD, WIPO and Cornell University measures 142 countries, using 84 indicators, which include the quality of universities, availability of microfinance and venture capital, to gauge innovation capabilities and measurable results. Switzerland keeps the top spot for the third year in a row. The top ten countries in the index remain the same as last year, but positions have shifted: The USA moved up from 10th place last year to number five this year, whereas Singapore has fallen out of the top 3, where it has resided for the past two years, to 8th position. There were encouraging signs from the developing markets with 18 emerging economies outperforming peers in their respective income groups, including China, and India but also Jordan, Kenya, Senegal or Montenegro.