The overall Index rank of the top ten countries is largely dominated by the US and Europe. However, this year, together with Singapore at #8 (second year in a row), the Republic of Korea made it into the Index at #10 (up from #11), which means two Asian countries now make up the top 10.
Australia came in at #23 (up from #24) and New Zealand at #26. Hong Kong came in at #11 (up from #13), China #14 (second year in a row), Japan at #16 (down from 15#), Malaysia at #33, Vietnam at #42, Thailand at #44, India at #48, and the Philippines at #50.
The ongoing rise of Asian economies in this innovation index highlights the importance of securing IP rights in this region.
The index is a result of a collaboration between Cornell University, INSEAD, and the World Intellectual Property Organization (WIPO). The full Index can be found here.
Global Innovation Index 2020 Top 30
Country / Economy |
Overall GII rank |
Switzerland | 1 |
Sweden | 2 |
United States of America | 3 |
United Kingdom | 4 |
Netherlands | 5 |
Denmark | 6 |
Finland | 7 |
Singapore | 8 |
Germany | 9 |
Republic of Korea | 10 |
Hong Kong, China | 11 |
France | 12 |
Israel | 13 |
China | 14 |
Ireland | 15 |
Japan | 16 |
Canada | 17 |
Luxembourg | 18 |
Austria | 19 |
Norway | 20 |
Iceland | 21 |
Belgium | 22 |
Australia | 23 |
Czech Republic | 24 |
Estonia | 25 |
New Zealand | 26 |
Malta | 27 |
Italy | 28 |
Cyprus | 29 |
Spain | 30 |