Global Innovation Index 2020 – Switzerland remains the most innovative country in the world
Switzerland is the most innovative country in the world for the tenth consecutive year. This is the result of the Global Innovation Index 2020 (GII), based on an assessment of 131 economies worldwide. Sweden, the United States and the United Kingdom are next in the rankings. Compared to the EU, Switzerland outperforms in all areas.
Switzerland exceeds expectations when it comes to transforming investment in innovation into high-quality output. Switzerland also distinguishes itself through the innovative spirit of its business sector, with a large share of knowledge-intensive employment and high R&D expenditure financed by the private sector.
The Global Innovation Index evaluates the innovative capacity of individual countries on the basis of around 80 indicators. The ranking is published annually by the French business school INSEAD, Cornell University and the World Intellectual Property Organization.
Under the title Who Will Finance Innovation?, the GII 2020 also offers important conclusions on the development of innovations in general, within the context of COVID-19 and with regard to innovation financing, in particular.