Innovation Index - Ranking the US and the World

Innovation Rankings Index: USA & the Rest of the World GLOBAL INNOVATION INDEX (GII) RECOGNIZES THE KEY ROLE OF INNOVATION AS A DRIVER OF ECONOMIC GROWTH AND PROSPERITY, AND ADOPTS AN INCLUSIVE, HORIZONTAL VISION OF INNOVATION APPLICABLE TO BOTH DEVELOPED ANDEMERGING ECONOMIES. TOP 10 MOST INNOVATIVE COUNTRIES SWITZERLAND SWEDEN UNITED KINGDOM NETHERLANDS UNITED FINLAND HONGKONG (CHINA) SINGAPORE DENMARK IRELAND 10 8. 7 6. 4 2 INSTITUTIONS RANKING BASED ON 4 FACTORS: INSTITUTIONS - 1. POLITICAL ENVIRONMENT 2. POLITICAL STABILITY 3. GOVERNMENT EFFECTIVENESS 4. PRESS FREEDOM TOP 5 INSTITUTIONS COUNTRIES & RANKS DENMARK UNITED STATES #17 FINLAND NEW ZEALAND NORWAY CANADA 4 3 2 1 BUSINESS SOPHISTICATION BUSINESS SOPHISTICATION BASED ON 3 FACTORS: 1.“KNOWLEDGE WORKERS" WHICH IS BASED UPON THE PERCENTAGE OF EMPLOYEES WORKING IN KNOWLEDGE INTENSIVE INDUSTRIES, THE % OF FIRMS OFFERING FORMAL SKILLS TRAINING, THE % OF THE GDP BASED UPON RESEARCH & DEVELOPMENT (R&D), AND STANDARDIZED TESTING SCORES ON THE GMAT EXAM. 2.“INNOVATION LINKAGES" WHICH IS BASED UPON THE AMOUNT OF RESEARCH COLLABORATION BETWEEN UNIVERSITIES AND INDUSTRY, AND THE NUMBER OF PATENTS FILED. 3.“KNOWLEDGE ABSORPTION" WHICH IS BASED ON THE AMOUNT OF ROYALTY AND LICENSE FEE PAYMENTS, THE PERCENTAGE OF HIGH TECH IMPORTS, AND THE AMOUNT OF FOREIGN DIRECT INVESTMENT (FDI) INFLOWS AS A PERCENTAGE OF THE GDP. TOP 5 BUSINESS SOPHISTICATION COUNTRIES & RANKS Wow! SINGAPORE UNITED STATES HONG KONG (CHINA) SWITZERLAND ISRAEL 4 3 CREATIVE OUTPUTS CREATIVE OUTPUTS BASED ON 3 FACTORS: 1."INTANGIBLE ASSETS" WHICH INCLUDES THE NUMBER OF TRADEMARK REGISTRATIONS AND OTHER SIMILAR FACTORS. 2.“CREATIVE GOODS & SERVICES" WHICH MEASURES THE PERCENTAGE OF EXPORTS RELATED TO AUDIOVISUAL SERVICES, THE VOLUME OF NATIONAL FEATURE FILMS PRODUCED, AND DATA RELATED TO PRINTING AND PUBLISHING. 3."ONLINE CREATIVITY" WHICH IS A MEASURE OF THE NUMBER OF DOMAINS REGISTERED, THE NUMBER OF WIKIPEDIA EDITS MADE, AND THE NUMBER OF VIDEO UPLOADS ON YOUTUBE. LUXEMBOLURG UNITED STATES SWITZERLAND #19 ICELAND NETHERLANDS HONG KONG (CHINA) 5 4 3 PRESENTED BY: INNOVATE SOURCE: http://www.wipo.int/export/sites/www/freepublications/en/economics/gii/gii_2013.pdf PRODUCT DESIGN +