The World Intellectual Property Organization’s (WIPO) latest Global Innovation Index ranks 131 economies on their innovation performance.Top of the pile? Switzerland, which also took top spot last year. Indeed, it’s the 10th consecutive year it’s come first.Sweden takes second, with the United States in third.
The index is based on two sub-indices – the Innovation Input Sub-Index and the Innovation Output Sub-Index. The former looks at the elements of national economies that go into enabling innovative activities – such as research and development.