World Intellectual Property Organization (WIPO) published 2023 Global Innovation Index

World Intellectual Property Organization (WIPO) published 2023 Global Innovation Index, World Intellectual Property Organization (WIPO) , 2023 Global Innovation Index,

World Intellectual Property Organization (WIPO) published 2023 Global Innovation Index

In the 2023 Global Innovation Index (GII) published by the World Intellectual Property Organization (WIPO), Singapore has climbed two positions to secure the 5th spot globally and reclaim its position as the leading innovator in Asia, a title it lost to South Korea in the previous two years.

The 2023 edition of the Global Innovation Index (GII) assesses global innovation trends against the backdrop of an uncertain economic environment. This report ranks 132 economies based on their innovation performance and identifies the top 100 science and technology innovation clusters.

For the 13th consecutive year, Switzerland has secured its position as the most innovative economy in 2023. Sweden has surpassed the United States, claiming the second spot, with the United States, the United Kingdom, and Singapore following closely in the rankings. Notably, Singapore has entered the top five and leads among economies in the South East Asia, East Asia, and Oceania (SEAO) region.

S&T clusters, often referred to as “Science and Technology hubs,” represent areas with the highest density of inventors and scientific authors globally. In 2023, the leading Science and Technology innovation clusters include Tokyo–Yokohama, Shenzhen–Hong Kong–Guangzhou, Seoul, Beijing, and Shanghai-Suzhou.

China has achieved a significant milestone by surpassing the United States in having the largest number of clusters in the world. This report provides valuable insights into each economy’s innovation ecosystem, highlighting strengths and weaknesses. It also offers an interactive visualization tool for further exploration and comparison between economies.

The GII evaluates countries based on innovation performance, utilizing 80 indicators such as political environment, education, infrastructure, and knowledge creation to assess innovation inputs and outputs.

Credit

The Global Innovation Index 2023 was prepared under the general direction of Daren Tang, Director General, in WIPO’s IP and Innovation Ecosystems Sector led by Marco Alemán, Assistant Director General, and in the Department of Economics and Data Analytics led by Carsten Fink, Chief Economist.

The report and rankings are produced by a core team managed by Sacha Wunsch-Vincent, Head of Section, comprising Vanessa Behrens, Project Manager, Davide Bonaglia, Fellow, Lorena Rivera León, Economist and Jeff Slee, Data Scientist, from the WIPO Composite Indicator Research Section responsible for the GII, and the following consultant: William Becker, in a personal capacity.

Soumitra Dutta (Oxford University and Portulans Institute), Bruno Lanvin (Institut Européen d’Administration des Affaires, INSEAD, International Institute for Management Development, IMD and Portulans Institute), Lorena Rivera León (WIPO) and Sacha Wunsch-Vincent (WIPO) serve as co-editors of the GII.

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