WIPO Published Global Innovation Index 2014, Vietnam Increased Five Rankings

Recently, WIPO, Cornell University and INSEAD co-published the Global Innovation Index 2014 which ranked the innovation performance of 143 countries and economies around the world.

Switzerland, UK and Sweden lead rankings; Vietnam jumped slightly spots in comparison with the previous year (34.89 vs. 34.8 points), ranked at top four among Asean countries. 

Top 10 GII 2014                                                ASEAN Countries

1. Switzerland                                                    Singapore          (7)

2. U.K.                                                              Malaysia           (33)

3. Sweden                                                         ThaiLand           (48)

4. Finland                                                          Vietnam            (71)

5. Holland                                                          Indonesia          (87)

6. USA                                                              Brunei                (88)

7. Singapore                                                      Philippines        (100)

8. Denmark                                                       Campuchia        (106)

9. Luxembourg                                                   Myanmar           (140)

10. Hong Kong                                                   (Laos was not in the report)

The 2014 GII explores the role of the individuals and teams behind the innovation process. It sheds light on different aspects of human capital required to achieve innovation, including skilled labor; the intersection of human, financial and technological capital; talent retention; and the mobilization of highly educated people. Understanding the human factor in innovation is essential for the design of national and local policies that help promote economic development.

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