Global Innovation Index Rankings Released China ranks among the world's top 20 innovative economies

In Cornell University, INSEAD and the World Intellectual Property Organization (WIPO) published annually in the latest Global Innovation Index (GII) rankings, Switzerland continues to rank first, and China also ranks among the world's top 20 innovative economies, ranking
17th.

The top 10 innovative economies are Switzerland, the Netherlands, Sweden, the United Kingdom, Singapore, the United States, Finland, Denmark, Germany and Ireland
.

Now, in its 11th edition, the GII is a detailed quantitative tool that helps global policymakers better understand how to stimulate innovative activity
that drives economic and human development.
The GII ranks 126 economies based on 80 indicators, ranging from IP filing rates to mobile app creation, education spending, and scientific and technological publications
.

Ranked 17th this year, China is a breakthrough in a rapid economic transformation, with government policies prioritizing research and development-intensive creativity
.
While the U.
S.
fell back to No.
6 in the 2018 GII, it is an innovation powerhouse that has produced many of the world's leading high-tech companies and life-changing innovations
.

"China's rapid rise reflects the strategic direction set by the top leadership to develop world-class innovation capabilities and shift the structural base of the economy to knowledge-intensive industries that rely on innovation to maintain a competitive edge," said WIPO Director General Francis Gurry.

”

Moreover, low- and middle-income economies are performing significantly better in innovation than predicted by their level of development
.
In 2018, 20 economies made up these "innovation achievers", three more than in 2017
.
Sub-Saharan Africa is home to 6 innovation achievers, including Kenya, Rwanda and South Africa, while 5 economies come from Eastern Europe
.

"Over time, many emerging economies have become real enablers and exciters in the field of innovation," said
Soumitra Dutta, co-editor of the report and professor of management at the Cornell SC Johnson School of Business.
"Apart from China, which is already in the top 25, the closest middle-income economy to this top group is Malaysia
.
Other emerging markets such as India, Iran, Mexico, Thailand and Vietnam have been climbing the rankings
.
”

GII 2018 also includes an updated survey of top tech clusters, a new IPC Green List showing a decline in eco-friendly energy-related patents, and new metrics
for mobile app creation.
The new IPC Green List shows a worrying growth rate for eco-friendly energy-related patents, with green patent publication peaking in 2012
.

An updated survey of "top science and technology clusters" worldwide, adding scientific publications to international patent applications to highlight particularly intensive areas
of innovative activity.
The Tokyo-Yokohama area and the Shenzhen-Hong Kong area topped the list, while the United States had the highest number with 26
.

The report also expands the view of economies with effective innovation, translating investments in education, research and R&D spending into high-quality innovation outputs
.
The leaders in this regard are Switzerland, Luxembourg, China, the Netherlands, Ukraine, the Republic of Moldova, Malta, Hungary, Germany and Sweden
.
For the newly added indicator - mobile application creation, Cyprus, Finland and Lithuania are the global leaders
.