The Global Innovation Index (GII) is an important reference for measuring the innovation performance of an economy. Many countries use the GII both to assess and improve their innovation ecosystems, and as a reference in specific economic plans and/or policies.

The 2022 edition of the Global Innovation Index (GII) tracks the most recent global innovation trends against the background of an ongoing COVID-19 pandemic, slowing productivity growth and other evolving challenges. It reveals the most innovative economies in the world, ranking the innovation performance of around 132 economies while highlighting innovation strengths and weaknesses.

This edition’s thematic focus on the future of innovation-driven growth provides a stance on whether stagnation and low productivity growth are here to stay, or whether we are about to enter a new era, where new innovation spurts – the Digital Age and the Deep Science Innovation waves – bring about an economic uplift.

Like every year, the Global Innovation Index 2022 announces the biggest science and technology (S&T) innovation clusters in the world with the highest density of inventors and scientific authors. S&T innovation clusters are often referred to as “science and technology hubs”.

In 2022, Tokyo–Yokohama is the top science and tech hub in the world, followed by Shenzhen–Hong Kong–Guangzhou (China and Hong Kong, China), Beijing (China), Seoul (Republic of Korea) and San Jose–San Francisco (United States).

The Global Innovation Tracker measures the pace of technological progress and adoption, and captures key innovation trends within the four stages of the innovation journey.

According to this year’s Global Innovation Tracker, despite the economic downturn, investments in science and innovation have been remarkably resilient and technology adoption recorded positive growth rates across technologies. However, the socioeconomic impact of innovation is at a historic low, showing the detrimental effect of the COVID-19 pandemic.

The Global Innovation Index underlines that techno-optimist see in the Digital Age Wave and Deep Science Wave a concrete input for economic growth; concerning the Digital Age Wave with the impact of ICT in the transition from an exclusive method of innovation to general-purpose technology.

In addition to a reinvigorated Digital Age Wave, there is the real possibility of another upcoming innovation wave – a Deep Science wave – evolving around breakthrough inventions and innovations in the fields of life sciences and health, agri-food, energy and clean tech, and transport.

The Global Innovation Index underlines that the techno-optimist sees in the Digital Age Wave and Deep Science Wave a concrete input for economic growth; concerning the Digital Age Wave with the impact of ICT in the transition from an exclusive method of innovation to general-purpose technology.

In addition to a reinvigorated Digital Age Wave, there is the real possibility of another upcoming innovation wave – a Deep Science wave – evolving around breakthrough inventions and innovations in the fields of life sciences and health, agri-food, energy and clean tech, and transport.

Moving into the edition 2022 of the Global Innovation Index, we see Switzerland confirmed as the most innovative economy in the world for the 12th consecutive year, followed by the United States, Sweden, the United Kingdom and the Netherlands. China is closing in on the top 10, while Turkey (37th) and India (40th) enter the top 40 for the first time.

Some key changes in the top 15 ranking see Canada returning to the top 15 global innovators (15th), while Vietnam (48th), Iran (53rd) and the Philippines (59th) emerge as the middle-income economies with fastest growing innovation yield.

Country/Economy Overall GII Institutions Human Capital and Research Infrastructure Market Sophistication Business Sophistication Knowledge and Technology Outputs Creative Outputs
Switzerland 1 2 4 4 8 7 1 1
United States 2 13 9 19 1 3 3 12
Sweden 3 19 3 1 13 1 2 8
United Kingdom 4 24 6 8 5 22 8 3
Netherlands 5 4 14 14 18 10 5 10
China 11 42 20 25 12 12 6 11
Canada 15 15 12 30 6 20 24 20
Turkey 37 101 41 48 37 47 47 15
India 40 54 43 78 19 54 34 52
Viet Nam 48 51 80 71 43 50 52 35
Iran 53 131 54 75 11 115 50 33
Philippines 59 90 86 81 78 39 41 58

Europe still hosts the largest number of innovation leaders – 15 in total – that rank among the top 25. Out of the 39 European economies covered, 12 move up the rankings this year: the Netherlands (5th), Germany (8th), Austria (17th), Estonia (18th), Luxembourg (19th), Malta (21st), Italy (28th), Spain (29th), Poland (38th), Greece (44th), the Republic of Moldova (56th) and Bosnia and Herzegovina (70th).

Country/Economy Overall GII Institutions Human Capital and Research Infrastructure Market Sophistication Business Sophistication Knowledge and Technology Outputs Creative Outputs
Netherlands 5 4 14 14 18 10 5 10
Germany 8 20 2 23 14 19 9 7
Austria 17 8 11 9 38 18 19 26
Estonia 18 12 34 10 3 25 21 24
Luxembourg 19 5 32 40 31 4 33 9
Malta 21 28 42 27 33 16 32 2
Italy 28 58 28 26 35 33 16 16
Spain 29 38 26 16 30 32 27 28
Poland 38 65 36 43 61 38 38 38
Greece 44 69 31 46 64 55 46 54
Republic of Moldova 56 98 62 84 58 79 49 43
Bosnia and Erzegovina 70 94 67 55 25 98 63 83

As far as developing economies are performing above expectations in terms of innovation relative to their level of economic development, Indonesia (75th), Uzbekistan (82nd) and Pakistan ( 87th).

Country/Economy Overall GII Institutions Human Capital and Research Infrastructure Market Sophistication Business Sophistication Knowledge and Technology Outputs Creative Outputs
Indonesia 75 71 90 68 36 92 78 72
Uzbekistan 82 63 65 74 60 74 80 102
Pakistan 87 118 113 114 100 81 70 67

It is also interesting to highlight the important innovation performance compared to their weak economies of Kenya (88th), Rwanda (105th) and Mozambique (123rd) as regards Sub-Saharan Africa.

While for the Latin America and Caribbean area, Brazil (54th) and Peru (65th) are outperforming in terms of development.

Country/Economy Overall GII Institutions Human Capital and Research Infrastructure Market Sophistication Business Sophistication Knowledge and Technology Outputs Creative Outputs
Brazil 54 102 50 65 49 35 55 51
Peru 65 61 47 79 40 49 90 65
Kenya 88 82 119 107 111 80 74 79
Rwanda 105 33 106 95 115 113 111 126
Mozambique 123 129 114 91 120 121 120 107

Insights.

Global Innovation Index & PNRRMission 1

BePink MashUP

Source: World Intellectual Property Organization (WIPO) (2022). Global Innovation Index 2022: What is the future of innovation-driven growth? Geneva: WIPO. DOI 10.34667/tind.46596