The Global Innovation Index 2014 (GII), in its 7th edition this year, is co-published by Cornell University,INSEAD, and the World Intellectual Property Organization(WIPO, an agency of the United Nations, UN).
The core of the GII Report consists of a ranking of world economies’ innovation capabilities and results. In 2013, the ranking covered 142 economies, accounting for 94.9% of the world’s population and 98.7% of the world’s Gross Domestic Product (in US dollars). The GII has established itself as the reference among innovation indices, and has evolved into a valuable benchmarking tool to facilitate public-private dialogue, whereby policymakers, business leaders and other stakeholders can evaluate progress on a continual basis.
Recognizing the key role of innovation as a driver of economic growth and prosperity, and the need for a broad horizontal vision of innovation applicable to developed and emerging economies, the GII includes indicators that go beyond the traditional measures of innovation such as the level of research and development.