GII Global Launch Summary

Thursday, October 6, 2022

The 15th edition of the Global Innovation Index was officially launched by WIPO and Portulans Institute on September 29, 2022 with a global event that brought together ministers, business leaders, and innovation experts from around the world to discuss the current state and future of the innovation ecosystem.

 

View the full report: https://www.globalinnovationindex.org/gii-2022-report

 

The event opened with remarks by Mr. Daren Tang, Director General of WIPO, who introduced this year’s theme “The Future of Innovation Driven Growth” and its importance in today’s innovation environment.

 

 

Mr. Marco Alemán, WIPO’s Assistant Director General for the Created IP and Innovation Ecosystems Sector, led a Q&A session with some of the GII 2022 authors, including Carsten Fink (Chief Economist, WIPO), Lorena Rivera León (Co-editor of the GII, WIPO), Vanessa Inge Behrens (Project Manager of GII, WIPO) and Jack Gregory (Economist & Data Scientist, WIPO). The contributors shared some key findings from the report, including innovation investments trends, observed tech progress, adoption and impact, key regional highlights and views on the future of innovation.

 

 

The event also revealed a number of interesting findings from the report. Key highlights include:

 

  • Switzerland – for the 12th year in a row – ranks first in the GII 2022. The US ascends to 2nd position, followed by Sweden, the United Kingdom and the Netherlands.
  • China edges toward the top 10, ranking 11th, overtaking France; China remains the only middle-income economy in the GII top 30.
  • Canada makes a comeback into the top 15, rising one position.
  • Turkey and India enter the top 40 for the first time, at 37th and 40th, respectively.
  • The geography of innovation is continuing to shift towards Asia. Two Asian economies are in the top 10, with the Republic of Korea in the 6th position and Singapore rising to number 7th.
  • Five Asian countries have seen significant progress in their innovation ranking over the past ten years: China, India, Viet Nam, Iran and the Philippines.
  • The top economies in the Northern Africa and West Asia region are Israel, the United Arab Emirates and Turkey.
  • The Latin America and Caribbean region is led by Chile, Brazil, which is a newcomer in the region’s top 3 economies – and Mexico.
  • The mainland Sub-Saharan Africa region is led by South Africa, Botswana and Kenya.
  • This year, 26 countries outperform on innovation relative to their development, including newcomers Indonesia, Uzbekistan and Pakistan.

 

Several Ministers responsible for innovation commented on the innovation performance of their economy and how they use the GII in the formulation of their innovation policies.

 

 

 

The first of two panels, chaired by Director General Daren Tang, was composed of leading economists, corporate leaders, researchers and representatives of international organizations with a wide geographical and thematic perspective on the future of innovation-driven growth.

 

“It’s important to better understand business dynamics in general, and pay special attention to contributions to innovation made by small businesses.”

 

Lucia S. Foster, Chief Economist, United States Census Bureau

 

“Technology is changing the world in a greener and cleaner way.”

 

Zhiyong Fan, Vice President, Intellectual Property, Huawei Technologies

 

“During the pandemic, we saw the industries that were more able to adapt digital technologies outcompete the industries that were less adaptive.”

 

Ardemis Boghossian, Assistant Professor, EPFL

 

“We are on the cusp of an innovation wave created by sustainability, the pandemic, and economic uncertainty.”

 

Jessica Sinnott, Board Member, IPO, and Vice President, Associate General Counsel and Chief IP Counsel, DuPont

 

“It’s imperative to look at the challenges, promises, and potential of innovation across Africa’s sectors.”

 

Stephen Karingi, Director, Regional Integration & Trade Division, UN Economic Commission for Africa

 

Portulans Institute President, Soumitra Dutta, chaired a second panel on Actions supporting an Innovation-Driven Productivity Revival, featuring insights from leaders in industry, academia, and science.

 

 

“The GII is used by many countries in terms of guiding innovation policy and providing benchmarking data. But it also has another important function – raising questions about the future”

 

Soumitra Dutta, GII Founder and Co-editor

 

“A core environment that is encouraging and supporting entrepreneurs is critical for innovation”

 

Blanca Treviño, President and CEO, Softtek and GII Advisory Board

 

“There needs to be the combination of a center of gravity for entrepreneurs, and infrastructure for testing and developing solutions. This has been crucial for attracting innovators here in New York.”

 

Shaun Stewart, CEO, Newlab

 

“The main goal of policymakers should be the identification of the best policy mix to foster intangible assets.”

 

Cecilia Jona-Lasinio, Professor, LUISS Guido Carli University

 

“From the perspective of a developing market, innovation has to drive productivity from the bottom up”

 

Juliet Anammah, Chairwoman, Jumia Nigeria and Group Chief Sustainability Officer

 

“If we want sustainable innovation, we need science, and we need to trust in science.”

 

Alena Buyx – Chair German Ethics Council, and Professor, Technical University of Munich

 

The event concluded with closing remarks from Marco M. Alemán (Assistant Director General, IP and Innovation Ecosystems Sector, WIPO) who thanked participants and acknowledged the Ministers, business leaders, distinguished researchers and all speakers who clearly set the tone of the key role that innovation will play for future productivity growth and societally impactful progress in fields such as health, food, clean technologies or mobility.

 

At the conclusion of the event, GII Corporate Network Partners shared their messages with the audience. Check out our YouTube channel for the full remarks.

 

 

Check out the full report and detailed rankings:

https://www.globalinnovationindex.org/gii-2022-report

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