Switzerland, Sweden, UK, US, Finland and Singapore lead Global Innovation

China joins the ranks of the world’s 25 most-innovative economies, while Switzerland, Sweden, the United Kingdom, the United States of America, Finland and Singapore lead the 2016 rankings in the Global Innovation Index.

China’s top-25 entry marks the first time a middle-income country has joined the highly developed economies that have historically dominated the top of the Global Innovation Index (GII) throughout its nine years of surveying the innovative capacity of 100-plus countries across the globe. China’s progression reflects the country’s improved innovation performance as well as methodological considerations such as improved innovation metrics in the GII.


Innovation requires continuous investment. Before the 2009 crisis, research and development (R&D) expenditure grew at an annual pace of approximately 7 percent. GII 2016 data indicate that global R&D grew by only 4 percent in 2014. This was a result of slower growth in emerging economies and tighter R&D budgets in high-income economies – this remains a source of concern...Read More

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