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Switzerland tops innovation rankings for fourth year

19
Jul
2014

Switzerland has claimed the top spot on the Global Innovation Index for the fourth-straight year while Sub-Saharan Africa posted significant regional improvement. The annual rankings, which this year focused on the role people play in the innovation process, found that Switzerland and other top-ranked countries Britain, Sweden and Finland, had strong all-round support systems that led to high levels of creativity. BRICS nations such China, Brazil and India were catching up with the developed countries, the researchers from Cornell University, INSEAD and the World Intellectual Property Organization said in a statement. China significantly outperforms the average score of high-income economies across the combined quality indicators, they added in a report released on the sidelines of a G20 trade ministers meeting in Sydney.

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