GLOBAL INNOVATION INDEX Energizing the World with Innovation

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GLOBAL INNOVATION INDEX 2018 Energizing the World with Innovation

GLOBAL INNOVATION INDEX 2018 Energizing the World with Innovation 11TH EDITION Soumitra Dutta, Bruno Lanvin, and Sacha Wunsch-Vincent Editors

The Global Innovation Index 2018: Energizing the World with Innovation is the result of a collaboration between Cornell University, INSEAD, and the World Intellectual Property Organization (WIPO) as co-publishers, and their Knowledge Partners. The report and any opinions expressed in this publication are the sole responsibility of the authors. They do not purport to reflect the opinions or views of WIPO Member States or the WIPO Secretariat. The terms country, economy, and nation as used in this report do not in all cases refer to a territorial entity that is a state as understood by international law and practice. The terms cover well-defined, geographically self-contained economic areas that may not be states but for which statistical data are maintained on a separate and independent basis. Any boundaries and names shown and the designations used on any visual maps do not imply official endorsement or acceptance by any of the co-publishers. Chapters 2 13 may deviate from UN terminology for countries and regions. Cornell University, INSEAD, and the World Intellectual Property Organization, 2018 This work is licensed under the Creative Commons Attribution Non-commercial No-Derivatives 3.0 IGO License. The user is allowed to reproduce, distribute, and publicly perform this publication without explicit permission, provided that the content is accompanied by an acknowledgement that Cornell University, INSEAD, and WIPO are the source. No part of this publication can be used for commercial purposes or adapted/ translated/modified without the prior permission of WIPO. Please write to treaties[dot]mail[at]wipo[dot]int to obtain permission. To view a copy of the license, please visit http://creativecommons.org/licenses/by-nc-nd/3.0/igo/. When content, such as an image, graphic, data, trademark, or logo, is attributed to a third party, the user is solely responsible for clearing the rights with the right holders. Suggested citation: Cornell University, INSEAD, and WIPO (2018): The Global Innovation Index 2018: Energizing the World with Innovation. Ithaca, Fontainebleau, and Geneva. ISSN 2263-3993 ISBN 979-10-95870-09-8 Printed and bound in Geneva, Switzerland, by the World Intellectual Property Organization (WIPO), and in New Delhi, India, by the Confederation of Indian Industry (CII). Cover design by Neil Weinberg Design Group LLC; cover image courtesy of oliviercefai.com based on a photo from @sachleno.

Innovation is now widely recognized as a central driver of economic growth and development. The Global Innovation Index (GII) aims to capture the multi-dimensional facets of innovation by providing a rich database of detailed metrics for 126 economies, which represent 90.8% of the world s population and 96.3% of global GDP. Today a wide range of high-, medium-, and low-income countries are using the GII as a tool for action to improve innovation performance often at the prime ministerial and ministerial level, and often with specific cross-ministerial task forces comprising a large variety of relevant innovation stakeholders. The GII 2018 marks the 11th edition of the GII, and the beginning of its second decade providing data and insights gathered from tracking innovation across the globe. The GII work contributes on two important fronts: By collecting innovation metrics, it assists countries to better assess their innovation performance; and by identifying strengths and challenges, it helps empower countries to improve their innovation policies by leveraging strengths and overcoming challenges. By pursuing these two objectives, the GII has helped to shape the innovation measurement and the innovation policy agenda of the countries it analyses. This year s edition, The Global Innovation Index 2018: Energizing the World with Innovation, is dedicated to the theme of energy innovation. The GII 2018 analyses the energy innovation landscape of the next decade and identifies possible breakthroughs in fields such as energy production, storage, distribution, and consumption. It also looks at how breakthrough innovation occurs at the grassroots level and describes how small-scale renewable systems are on the rise. The GII is co-published by Cornell University, INSEAD, and the World Intellectual Property Organization (WIPO), a specialized agency of the United Nations. The 2018 edition of the GII draws on the expertise of its Knowledge Partners: the Confederation of Indian Industry (CII), PwC s Strategy&, and the National Confederation of Industry (CNI) and Serviço Brasileiro de Apoio às Micro e Pequenas Empresas (Sebrae), as well as an Advisory Board of eminent international experts. For the eighth consecutive year, the Joint Research Centre (JRC) of the European Commission audited the GII calculations. The GII is concerned primarily with improving the journey towards a better way to measure and understand innovation and with identifying targeted policies and good practices that foster innovation. The full report and the GII Android and ios mobile apps can be downloaded at www.globalinnovationindex.org. ISBN 9791095870098 9 791095 870098