Switzerland has been ranked first in the 2020 Global Innovation Index (GII) for the second consecutive year. Seven of the top 10 places went to European countries, with Asian powerhouses South Korea and Singapore, along with America making up the rest.
Francis Gurry, Director General of the World Intellectual Property Organization, one the bodies which produce the index, says it is now vital that measures are taken to compensate for the impact of coronavirus on innovation.
“The rapid, worldwide spread of the coronavirus requires fresh thinking to ensure a shared victory over this quintessential global challenge,” he said. “Even as we all grapple with the immediate human and economic effects of the COVID-19 pandemic, governments need to ensure that rescue packages are future oriented and support the individuals, research institutes, companies and others with innovative and collaborative new ideas for the post-COVID era. Innovations equal solutions.”
GII 2020 was released jointly by WIPO, Cornell University, INSEAD and the 2019 GII Knowledge Partners, the Confederation of Indian Industry, Dassault Systèmes – the 3DEXPERIENCE Company – and the National Confederation of Industry (CNI) – Brazil.