ARMENIA RANKS 59TH IN GLOBAL INNOVATION INDEX
The Global Innovation Index 2013, a composite indicator that ranks
countries/economies in terms of their enabling environment to
innovation and their innovation outputs, ranks Armenia 59th among
142 countries. The country comes second in the lower-middle-income
group topped by Moldova (45th).
The Global Innovation Index (GII) is co-published by the Cornell
University, the European Institute of Business Administration (INSEAD)
and the World Intellectual Property Organization (WIPO, a specialized
agency of the United Nations)
The GII 2013 looked at 142 economies around the world, using 84
indicators including the quality of top universities, availability
of microfinance, venture capital deals – gauging both innovation
capabilities and measurable results.
Among the encouraging signs identified by GII 2013, 18 emerging
economies are outperforming other countries in their respective income
groups in order of distance: the Republic of Moldova, China, India,
Uganda, Armenia, Viet Nam, Malaysia, Jordan, Mongolia, Mali, Kenya,
Senegal, Hungary, Georgia, Montenegro, Costa Rica, Tajikistan and
Latvia. All of them demonstrate rising levels of innovation compared
with their peers.
Switzerland tops the 2013 ranking followed by Sweden and United
Kingdom. The top ten includes also the Netherlands, the US, Finland,
Hong Kong, Singapore, Denmark and Ireland.