Learn about the global innovation index

• The global innovation index refers to an annual ranking that aims to measure the capacity of a country in the field of innovation
• The last edition published is that of the year 2022

 Definition

The global innovation index refers to an annual ranking that aims to measure the capacity of a country in terms of innovation. He Global Innovation Index (GII, for its acronym in English) had its beginnings in 2007 and is published annually by the World Intellectual Property Organization (WIPO).

The last edition published is that of the year 2022 and reflects global trends in the areas of innovation and their future growth, taking into account the consequences of the COVID-19 pandemic.

In turn, he offers his vision of whether stagnation and low productivity growth are here to stay or whether we are about to enter a new stage, in which new bursts of innovation manage to awaken the economy.

In fact, the 2022 Global Innovation Index points to two new great waves of innovation: digitization and advances in science. Both could create economic growth and increase social welfare.

According to the report, Switzerland is the most innovative economy in the world in 2022, for the 12th consecutive year. It is followed by the United States, Sweden, the United Kingdom and the Netherlands. China is close to the top 10. And for their part, Turkey and India enter the top 40 places for the first time.

It also includes a list with the hundred clusters of innovation in science and technology in the world, with the largest number of inventors and scientific authors. It stands out that North America, Asia and Europe are the regions that concentrate the largest number of them.

Innovation in Spain

These are the main conclusions about innovation in Spain:

• Spain is well positioned in the ranking, it occupies number 29 on the list, its different indicators being well balanced.
• The good position in infrastructures (position 16) and the quality of Spanish talent (position 26) stand out.
• Spain could get closer to countries like Germany (position 8) or France (position 12), investing heavily in three areas: universities, R&D and the creation of ecosystems and clusters that connect universities, companies and entrepreneurs.