novembro 11, 2021

Costa Rica ranks 3rd in latest Global Innovation Index

By IDeas trademarks & patents – 27/09/2021
The 2021 edition of the Global Innovation Index (GII) presents the innovation ranking of 132 economies, relying on 81 different indicators. The 2021 edition also focuses on the impact of the COVID-19 pandemic on innovation.

Costa Rica ranks 56th worldwide and 3rd in Latin America and the Caribbean behind Chile and Mexico, leading in cultural and creative services exports. Only Costa Rica, Chile, Mexico and Brazil are in the top 60. Chile has the most-balanced innovation system, ranking well in indicators such as computer software spending, tertiary enrolment and new businesses. Brazil performs well in intellectual property payments and E-participation; Peru leads in microfinance gross loans.

Switzerland, Sweden, U.S., and U.K. continue to lead the global innovation ranking, and have all ranked in the top 5 in the past three years. The Republic of Korea joins the top 5 of the GII for the first time in 2021, while four other Asian economies feature in the top 15: Singapore (8), China (12), Japan (13) and Hong Kong, China (14).

The overall formula for measuring an economy’s innovative capacity and output provides clarity for decision makers in government, business and elsewhere as they look forward to creating policies that enable their people to invent and create more efficiently.

The GII 2021 is calculated as the average of two sub-indices. The Innovation Input Sub-Index gauges elements of the economy that enable and facilitate innovative activities and is grouped in five pillars: (1) Institutions, (2) Human capital and research, (3) Infrastructure, (4) Market sophistication, and (5) Business sophistication. The Innovation Output Sub-Index captures the actual result of innovative activities within the economy and is divided in two pillars: (6) Knowledge and technology outputs and (7) Creative outputs.

“This year’s Global Innovation Index shows us that in spite of the massive impact of the COVID-19 pandemic on lives and livelihoods, many sectors have shown remarkable resilience – especially those that have embraced digitalization, technology and innovation”, said World Intellectual Property Organization (WIPO) Director General Daren Tang. “As the world looks to rebuild from the pandemic, we know that innovation is integral to overcoming the common challenges that we face and to constructing a better future. The Global Innovation Index is a unique tool to guide policy-makers and businesses in charting plans to ensure that we emerge stronger from the pandemic.”
By IDeas trademarks & patents – 27/09/2021