Premium
Switzerland is the most innovative economy worldwide for the sixth consecutive year, while Romania climbed six positions compared with last year, being ranked 48th out of 128 states included in the Global Innovation Index, according to a report released on Wednesday by the World Intellectual Property Organization (WIPO), a UN specialized agency.
On a 0 to 100 scale, Romania obtained a 37.9 point score, after the WIPO analysts assessed the innovative performances of the country based on the analysis of 82 indicators such as institutions, political and business environment, regulation framework, education, research and development, human capital and infrastructure.
With a 66.3 point score, Switzerland is ranked first in the Global Innovation Index 2016, followed by Sweden, UK, USA, Finland and Singapore. The least innovative economy in the world is Singapore.
At its ninth edition, the Global Innovation Index is an annual report drawn up by the World Intellectual Property Organization, Cornell University and INSEAD. AGERPRES
Top Rankings
- Switzerland (Number 1 in 2015)
- Sweden (3)
- United Kingdom (2)
- United States of America (5)
- Finland (6)
- Singapore (7)
- Ireland (8)
- Denmark (10)
- Netherlands (4)
- Germany (12)
- Republic of Korea (14)
- Luxembourg (9)
- Iceland (13)
- Hong Kong (China) (11)
- Canada (16)
- Japan (19)
- New Zealand (15)
- France (21)
- Australia (17)
- Austria (18)
- Israel (22)
- Norway (20)
- Belgium (25)
- Estonia (23)
- China (29)
Video: Press conference
