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Switzerland, Champion of Innovation in 2011

11/07/2011

The Global Innovation Index (Global Innovation Index) published by INSEAD (European Institute of Business Administration) collects data in order to process a ranking of 125 countries that were most innovative in 2011. Switzerland reached the highest score due to its ability to develop an environment favorable to innovation and to bring about tangible economic achievements. These two aspects were illustrated in particular by its ability to handle the recent economic crisis, and the high number of patents filed by Swiss companies, in the course of the year. (...) The aim is to measure both the means used to foster innovation, as well as concrete achievements resulting from them. The category "means" contains five sub-indices: 'institutions',' human capital and research', 'infrastructure', 'market development' and 'business development'. The second category of results includes two subgroups: 'scientific evidence' and 'creative results'. (...)This ranking shows that innovation is a global phenomenon, despite the fact that six of the top ten countries are European, the other four are Asian and American. According to Francis Gurry, CEO of WIPO (World Intellectual Property) and partner at INSEAD, "innovation is a key driver of economic growth and creating better jobs." (...)Sources: aufaitmaroc.com, globalinnovationindex.org, industrie.com, wipo.intTop 10 of the best ranking economies in the Globl Innovation Index 2011:

  1. Switzerland
  2. Sweden
  3. Singapour
  4. Hong Kong (RAS)
  5. Finland
  6. Denmark
  7. United States
  8. Canada
  9. The Netherlands
  10. Great-Britain

To access the comprehensive article (in French), please click here !Weblink of the INSEAD

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