What is Global Innovation Index?
The Global Innovation Index is published annually by WIPO. It analyzes the complicated web of factors that define a country's innovation capacity, from robust institutions to vibrant markets. This analysis is presented through sub-indexes, offering a subtle picture of each nation's strengths and areas for improvement. Beyond national borders, the GII fosters global dialogue and collaboration, ultimately driving progress and innovation for all.
How Global Innovation Index Works
The Global Innovation Index (GII) works through a complex and comprehensive methodology that involves several key steps:
Data Gathering:
-
The GII relies on a rich dataset of around 81 indicators from various international public and private sources. These indicators cover a wide range of aspects related to innovation, including institutional environment, human capital, infrastructure, creative outputs, and market sophistication.
-
WIPO collaborates with Cornell University and INSEAD to collect and analyze this data, ensuring accuracy and reliability.
Indicator Selection and Weighting:
-
Not all indicators have equal importance in determining a country's overall innovation performance. The GII team carefully selects and weights each indicator based on its relevance and impact on innovation.
-
This process involves consultations with experts from different fields and utilizes sophisticated statistical techniques.
-
Sub-Index Calculation:
The GII is structured into two main sub-indexes:
-
Innovation Input Sub-Index: This measures the enabling environment for innovation, including factors like institutions, education, infrastructure, and research.
-
Innovation Output Sub-Index: This measures the results of innovation activity, including things like intellectual property filings, scientific publications, and creative outputs.
-
Each sub-index is further divided into several pillars, which represent specific aspects of innovation.
Score Calculation and Ranking:
-
For each country, a score is calculated based on its performance on each indicator, taking into account the respective weights.
-
These scores are then used to rank countries on the GII, providing a comparative overview of their innovation performance.
Additional Features:
-
The GII report also includes thematic analyses that explore specific aspects of innovation in greater depth, such as the role of universities in driving innovation or the impact of technological advancements on different sectors.
-
The report identifies the top 100 science and technology clusters around the world, providing insights into the geographical distribution of innovation activity.