On the 10th, the World Intellectual Property Organization and Cornell University announced the 2018 Global Innovation Index report. China ranked first among the top 20 most innovative economies, ranking 17th.
According to the report, compared with 2017, China has entered the 5th place from the 22nd place and has maintained a steady increase. Switzerland, the Netherlands and Sweden continue to rank in the top three, the UK rises by one, ranking fourth, and the United States from the fourth. The position slipped to the sixth place.
Although the United States still ranks first in terms of core innovation inputs and outputs, it ranks second in terms of researchers, patents and scientific publications, after China.
Francis Gurry, Director General of the World Intellectual Property Organization, said that China’s rapid growth reflects the strategic direction set by its leadership, namely the development of world-class innovation capabilities and the transformation of economic structures into knowledge-intensive industries that rely more on innovation. Stay competitive. He believes that this marks the arrival of innovative multipolarization.
The report also evaluates the ability of economies to translate education investment and R&D expenditure into high-quality innovations, with Switzerland, Luxembourg and China among the top three.
The report updates the global 'Best Technology Cluster' ranking, Japan's Tokyo-Yokohama region and China's Shenzhen-Hong Kong region are ranked in the top two. The United States has the largest number of innovation hotspots, a total of 26.
The 2018 Global Innovation Index quantifies the innovation capabilities of 126 economies around the world, including 80 applications for intellectual property applications, mobile application innovation, education spending and scientific publications.