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China steadily moves ahead in global innovation rankings

China is steadily climbing the world rankings for worldwide innovation.

According to the latest Global Innovation Index, just released in Geneva in
Switzerland, while Switzerland, Sweden, the Netherlands, the United States
and the UK remain the world's most-innovative countries, China is gradually
catching up.

[image: Global Innovation Index 2017 report [Photo: China Plus]]

Global Innovation Index 2017 report [Photo: China Plus]

As the first-ever middle-income country to join the world's top 25
innovative economies last year, China continues to move up the list,
jumping three places this year.

A closer look at the statistics shows that China in 22nd position overall
this year - moves up one spot to 16th position in terms of innovation
quality, and has retained its position for the fifth consecutive year as
the top middle-income economy.

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This movement can be attributed to a number of indicators, including
domestic market scale, knowledge workers, patents by origin, high-tech
exports, and industrial designs by origin.

Francis Gurry, Director General of World Intellectual Property Organization
is full of praise for China's global performance in the past two years.

"China significantly rose from 25 to 22. That is very significant because
the first 20 or 25 highest performances in the Global Innovation Index tend
to be industrialized developed countries, Europe, North America and Japan.
And what we see with China is for the first time a middle income country
coming into the mix of high income countries in terms of innovation
performance and steady improvement all the time," he noted.

[image: WIPO Director General Francis Gurry presents the Global Innovation
Index 2017 at a press conference taking place at the United Nations Office
at Geneva. [Photo: WIPO]]

WIPO Director General Francis Gurry presents the Global Innovation Index
2017 at a press conference taking place at the United Nations Office at
Geneva. [Photo: WIPO]

European countries take eight out of the top 10 places, with Switzerland
keeping its No. 1 position for the seventh year in a row. It's followed by
Sweden and the Netherlands; the latter leaping from ninth place last year
to third in the 2017 rankings.

The United States remains at fourth, followed by the UK and Denmark. The
rest of the top 10 are Singapore, Finland, Germany and Ireland.

The index findings also reveal a large gap between developed and developing
nations. The difference in average scores between the two groups is
expanding in many indicators including institutions, creative outputs,
knowledge and technology outputs.

Soumitra Dutta is Dean of SC Johnson College of Business at Cornell
University. He says efforts to bridge the innovation divide must start with
helping emerging economies understand their innovation strengths and
weaknesses.

"Developing economies have to focus on policies and investment strategies
to decrease the gap with rich economies, because the gap is a real gap," he
said. "And at the same time we see examples of some countries that
successfully close in gaps, so we need more of those successful closures of
gap across the world."

[image: List of 2017 Global Innovation Index top 25 [Photo: WIPO]]

List of 2017 Global Innovation Index top 25 [Photo: WIPO]

This year's Global Innovation Index took the theme "Innovation Feeding the
World." It reviews the state of innovation in world agriculture and food
systems.

The report foresees innovation as the key to sustainable food production,
processing, distribution, consumption, and waste management in the next
decades, when agriculture and the food sector will face an enormous rise in
global demand and increased competition for limited natural resources.

Bruno Lanvin, Executive Director for Global Indices at the European
Institute of Business Administration said: "To face the pending food
crisis, innovation has a critical role to play. We need to move from
digital agriculture, by which drones, satellite base sensors, field
robotics are spreading quickly, including to the emerging countries, to
what I would call smart agriculture, we have to look not only at food
production capabilities, but also distribution, transport, the challenge to
alleviate the pressure on using natural resources, especially land and
energy, while attending to the needs of the poorest."

Jointly released by the World Intellectual Property Organization, Cornell
University, and the European Institute of Business Administration, the 2017
Global Innovation Index is in its 10th year.

Using as many as 81 indicators ranging from patent filings to education
spending, the index provides detailed metrics about the innovation
performance of some 130 countries and economies around the world each year.

The rankings are now a leading benchmarking tool for business executives,
policy makers and others who seek insight into the state of innovation
around the world.

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