Global Innovation Index

The Global Innovation Index (GII) aims to capture the multi-dimensional facets of innovation and provide the tools that can assist in tailoring policies to promote long-term output growth, improved productivity, and job growth. The GII helps to create an environment in which innovation factors are continually evaluated. It provides a key tool and a rich database of detailed metrics for economies, which in 2017 encompasses 127 economies, representing 92.5% of the world's population and 97.6% of global GDP. The Global Innovation Index 2017 (GII), in its 10th edition this year, continues to be co-published by Cornell University, INSEAD, and the World Intellectual Property Organization (WIPO, an agency of the United Nations). The core of the GII Report consists of a ranking of world economies' innovation capabilities and results. Over the last ten years, the GII has established itself as a leading reference on innovation. Understanding in more detail the human aspects behind innovation is essential for the design of policies that help promote economic development and richer innovation-prone environments locally. Recognizing the key role of innovation as a driver of economic growth and prosperity, and the need for a broad horizontal vision of innovation applicable to developed and emerging economies, the GII includes indicators that go beyond the traditional measures of innovation such as the level of research and development.

The Global Innovation Index (GII) is an evolving project that builds on its previous editions while incorporating newly available data and that is inspired by the latest research on the measurement of innovation. The GII relies on two sub-indices the Innovation Input Sub-Index and the Innovation Output Sub-Index each built around key pillars. Five input pillars capture elements of the national economy that enable innovative activities: (1) Institutions, (2) Human capital and research, (3) Infrastructure, (4) Market sophistication, and (5) Business sophistication. Two output pillars capture actual evidence of innovation outputs: (6) Knowledge and technology outputs and (7) Creative outputs. Each pillar is divided into sub-pillars and each sub-pillar is composed of individual indicators (81 in total in 2017). Sub-pillar scores are calculated as the weighted average of individual indicators; pillar scores are calculated as the weighted average of sub-pillar scores. Four measures are then calculated: 1. Innovation Input Sub-Index: is the simple average of the first five pillar scores 2. Innovation Output Sub-Index is the simple average of the last two pillar scores 3. The overall GII score is the simple average of the Input and Output Sub-Indices 4. The Innovation Efficiency Ratio is the ratio of the Output Sub-Index over the Input Sub-Index The GII gathers data from more than 30 sources, covering a large spectrum of innovation drivers and results; privileging hard data over qualitative assessments (only five survey questions were included in the GII 2017) The framework is revised every year in a transparent exercise to improve the way innovation is measured. For more on the latest updates to the framework, see https://www.globalinnovationindex.org/about-gii#framework

For use guidelines, please consult The Global Innovation Index (https://www.globalinnovationindex.org/terms-conditions#tnc)