20-7-2017
Ethiopia was on the same rank last year. Ethiopia’s score this year is 24.2 percent while the number one country Switzerland scored over 67 %.
The Global Innovation Index is the study of a country’s innovation climate, which has been carried out since 2007 by the INSEAD business school, the World Intellectual Property Organization and the Cornell University.
The 2017 report was released mid-June, with Switzerland leading both overall and the 48 high-income economies. For the 35 upper-middle income economies, China ranked the highest at 22nd/127 overall. Among the list of lower-middle income economies in this report, Vietnam tops at 47th/127 overall; the Philippines lags behind at 73rd/127 overall (in terms of percentile ranking, 58). Finally, Tanzania leads the low-income economies, at 96th/127 overall.
GII is anchored on two subindices—the Innovation Input Sub-Index and Innovation Output Sub-Index—which are, in turn, rooted upon five and two “pillars”, respectively. Institutions, human capital and research, infrastructure, market sophistication and business sophistication make up the first, while knowledge and technology outputs (KTOs), as well as creative outputs, comprise the second. And each pillar mentioned is further subdivided into subpillars and finally indicators.
Read the details Here.
