Friday , March 29 2024
Home / le News / Switzerland remains first in the world for innovation

Switzerland remains first in the world for innovation

Summary:
The World Intellectual Property Organization (WIPO) has ranked Switzerland number one in the world for innovation for the tenth consecutive year, according to its latest Global Innovation Index (GII) published this week. © Thomas Jurkowski | Dreamstime.comSwitzerland, Sweden, U.S., U.K and Netherlands lead the innovation ranking, which ranks more than 130 nations. The biggest change in Switzerland’s score this year related to its performance on patents. The GII shows year-on-year stability at the top, but a gradual eastward shift in the locus of innovation as a group of Asian economies – notably China, India, the Philippines and Viet Nam – continue to rise in the ranking. The only developing country among the top 30, China remains among the 14th most innovative. South Korea

Topics:
Investec considers the following as important: , , ,

This could be interesting, too:

Investec writes Some relief on Swiss electricity bills in pipeline

Investec writes Recent Swiss fire deaths prompt calls for fire detectors

Investec writes Swiss National Bank surprises with interest rate cut

Investec writes 10-step guide to hiring an employee in Switzerland

The World Intellectual Property Organization (WIPO) has ranked Switzerland number one in the world for innovation for the tenth consecutive year, according to its latest Global Innovation Index (GII) published this week.

© Thomas Jurkowski | Dreamstime.com

Switzerland, Sweden, U.S., U.K and Netherlands lead the innovation ranking, which ranks more than 130 nations. The biggest change in Switzerland’s score this year related to its performance on patents.

The GII shows year-on-year stability at the top, but a gradual eastward shift in the locus of innovation as a group of Asian economies – notably China, India, the Philippines and Viet Nam – continue to rise in the ranking.

The only developing country among the top 30, China remains among the 14th most innovative. South Korea becomes the second Asian country in the top ten, joining Singapore (8th), which has been near the top for a decade.

This year’s report looks at the effects of Coronavirus on innovation. It finds financing for innovation is drying up, affecting young firms, R&D intensive start-ups and developing economies the most. However, it also points to emerging opportunities from creative destruction, particularly in areas such as healthcare, teleworking, education, e-commerce and mobility.

More on this:
WIPO 2020 innovation report (in English)

For more stories like this on Switzerland follow us on Facebook and Twitter.

About Investec
Investec
Investec is a distinctive Specialist Bank and Asset Manager. We provide a diverse range of financial products and services to our niche client base.

Leave a Reply

Your email address will not be published. Required fields are marked *