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GII 2020: Russia Received High Scores in Innovation Inputs, Human Capital and Research

 

Published annually by the World Intellectual Property Organization (WIPO), the Global Innovation Index (GII) provides an overview of the latest global innovation trends and a ranking of 131 countries' innovation performance.

The 80 indicators used for analysis include, inter alia, education, infrastructure, political environment, and business sophistication.

The main theme of this year's GII — Who Will Finance Innovation? — is timely given the human and global economic damage wreaked by the COVID-19 global pandemic.

This year, Russia performs better in innovation inputs than innovation outputs. GII strengths for the country’s economy are found in human capital and research, including tertiary education and enrolment, Pupil-teacher ratio, and graduates in science and engineering.

The Russian economy was also highly rated for the market sophistication indicator, comprising domestic market scale, trade, and competition. Moreover, Russia ranks 17th in patents by origin/bn PPP$ GDP and 9th in utility models by origin/bn PPP$ GDP.

In addition, the country has shown good results in terms of business sophistication, including intellectual property payments and females employed with advanced degrees.

According to all 80 indicators, Russia ranks 47th among other featured economies. The country ranks 6th among the upper-middle-income group economies and 32nd among the European economies.

Same as last year, Switzerland is the world’s most-innovative economy followed by Sweden, the United States of America, the United Kingdom, and the Netherlands, according to the GII 2020.

 

Related links:
Global Innovation Index 2020 (full text)
Global Innovation Index 2020 - Key Findings 
WIPO web page on GII 2020 

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