The World Intellectual Property Organization (WIPO) on Thursday launched the Global Innovation Index (GII) 2022 wherein Switzerland has emerged because the world’s maximum progressive economic system for the twelfth consecutive year.
“Switzerland stays the world’s chief in innovation for the twelfth consecutive year. It leads globally in innovation outputs, and specially in patents through origin, software program spending, high-tech production and manufacturing and export complexity,” the Global Innovation Index 2022 read.
The 2d role became secured through the United States (US) observed through Sweden, the United Kingdom (UK) and the Netherlands.
The ratings have been primarily based totally at the regions of human and capital research, commercial enterprise sophistication, infrastructure and era outputs amongst others.
Here is the listing of the pinnacle 10 maximum progressive economies for this year:
| Country | Overall GII | Institutions | Human & Capital research | Infrastructure | Market sophistication | Business sophistication | Knowledge & Technology outputs | Creative outputs |
| Switzerland | 1 | 2 | 4 | 4 | 8 | 7 | 1 | 1 |
| United States | 2 | 13 | 9 | 19 | 1 | 3 | 3 | 12 |
| Sweden | 3 | 19 | 3 | 1 | 13 | 1 | 2 | 8 |
| United Kingdom | 4 | 24 | 6 | 8 | 5 | 22 | 8 | 3 |
| Netherlands | 5 | 4 | 14 | 14 | 18 | 10 | 5 | 10 |
| Republic of Korea | 6 | 31 | 1 | 13 | 21 | 9 | 10 | 4 |
| Singapore | 7 | 1 | 7 | 11 | 4 | 2 | 13 | 21 |
| Germany | 8 | 20 | 2 | 23 | 14 | 19 | 9 | 7 |
| Finland | 9 | 11 | 8 | 3 | 17 | 5 | 4 | 18 |
| Denmark | 10 | 9 | 10 | 5 | 15 | 15 | 12 | 14 |
India secured the fortieth role withinside the Global Innovation Index. This is the primary time the u . s . a . entered the pinnacle 40. Last year, India became on the forty sixth role.
The index indicates that rising economies along with, India and Turkey, are displaying constantly robust overall performance.
“With their upward thrust in phrases of innovation overall performance withinside the shadow of shocks to international deliver chains, Türkiye and India are undoubtedly enriching the worldwide innovation landscape, whilst Indonesia indicates promising innovation potential, ” stated Soumitra Dutta, GII co-editor and Dean of the Saïd Business School at Oxford University.
The index in addition stated that India is the innovation chief withinside the decrease middle-earnings group, and maintains to steer the world “in ICT offerings exports and holds pinnacle ratings in different indicators, along with assignment capital receipt value, finance for startups and scaleups, graduates in technological know-how and engineering, labour productiveness increase and home enterprise diversification.”
With India’s development in ranking, Union trade and textiles minister Piyush Goyal tweeted the u . s . a . is innovating like in no way before. “India climbs to the fortieth rank withinside the Global Innovation Index of WIPO, a massive jump of forty one locations in 7 years. The regular upward thrust testifies that India below the management of Prime Minister Narendra Modi is unexpectedly rising as the worldwide innovation hub,” Goyal stated.
