Viet Nam top in world innovation

Jul 6th at 12:32
06-07-2012 12:32:14+07:00

Viet Nam top in world innovation

The World Intellectual Property Organization (WIPO) has released its Global Innovation Index 2012 (GII), in which Viet Nam was ranked 76th in innovation performance.

The report ranks 141 countries and economies based on their innovation capabilities and results, jointly conducted by WIPO, INSEAD, Alcatel-Lucent, Booz&Company and the Confederation of Indian Industry (CII).

The study shows that the dynamics of innovation continue to be affected by the emergence of new successful innovators, as seen by the range of countries across continents in the top twenty GII ranking.

Good emerging country performers include Viet Nam, Latvia, Malaysia, China, Montenegro, Serbia, Moldova, Jordan, Ukraine, India, Mongolia, Armenia, Georgia, Namibia, Swaziland, Paraguay, Ghana, Senegal, Kenya and Zimbabwe.

The list of top 10 GII performers has changed little from last year. Switzerland, Sweden, and Singapore are followed in the top ten by Finland, the United Kingdom, the Netherlands, Denmark, Hong Kong (China), Ireland, and the United States of America.

"The GII is a timely reminder that policies to promote innovation are critical to the debate on spurring sustainable economic growth," said WIPO Director General Francis Gurry.

He added, "The downward pressure on investment in innovation exerted by the current crisis must be resisted. Otherwise we risk durable damage to countries' productive capacities."

"This is the time for forward-looking policies to lay the foundations for future prosperity."

This is the fifth year the GII has been published, and the first in which INSEAD and WIPO are co-publishers.

The GII project was launched in 2007 with the goal of determining how to find metrics and approaches to better capture the richness of innovation in society.

The theme of this year's GII report, ‘Stronger Innovation Linkages for Global Growth', underlines the importance of productive interactions among innovation actors – firms, the public sector, academia, and society – in modern innovation ecosystems.

vietnamnews



NEWS SAME CATEGORY

State budget revenues plunge

State budget collections have fallen short of projections for the past five years, Deputy Minister of Finance Do Hoang Anh Tuan told a meeting in Ha Noi yesterday.

First VN, Latin American forum opens

"We are glad to see trade and investment between Viet Nam and Latin American countries developing strongly," said Prime Minister Nguyen Tan Dung at the opening...

Key regions to develop further

Party General Secretary Nguyen Phu Trong has urged the four key economic regions – North, Central, South and southeast, and Cuu Long (Mekong) Delta – to implement...

Investors flock to Quang Ninh

The northern province of Quang Ninh attracted over US$390 million in foreign direct investment (FDI) in the first six months of the year, an increase of 15 times...

GDP growth target out of reach, says economist

With the current macroeconomic uncertainties, it is impossible for the country to achieve this year’s GDP growth target of 6-6.5%, said Tran Hoang Ngan, member of...

APEC business advisors to talk integration, investment

This year's 3rd session of the APEC Business Advisory Council (ABAC) will take place in HCM City from July 16-19 to discuss regional economic integration and trade...

Price disparity due to distribution

Wildly differing prices for pig, chicken and tra fish products are being charged because of many intermediate levels involved in the distribution system, according...

Philippines seeks to expand trade with VN

The Philippines and the Viet Nam Trade Promotion Agency yesterday brought together business executives from the two nations to promote bilateral trade.

Quality targeted in foreign investment

The Ministry of Planning and Investment has released foreign direct investment figures for the first half of this year. Viet Nam News reporter Vu Hoa talked with Do...

Spain ups dealings in Viet Nam

A business delegation from Spain's Gipuzkoa province is paying a four day working visit to HCM City to promote trade co-operation with Vietnamese partners.


MOST READ


Back To Top