14 July 2018
The Global Innovation Index 2018 report is produced by the World Intellectual Property Organisation, Cornell University, and INSEAD, in partnership with the Confederation of Indian Industry, PwC Strategy&, the National Confederation of Industry Brazil, and the Brazilian Micro and Small Industry Support Service.
The Index measures the innovative capacity of global economies and includes 80 indicators relating to intellectual property filing rates, mobile application creation, education spending, research publications and university rankings.
China has moved into the top 20 of the Index, reaching 17th place while the USA has fallen from 4th place to 6th. Israel and Australia have also made big jumps, rising from 17th to 11th and from 23rd to 20th respectively.
The rankings continue to be dominated by Europe, which holds eight of the top ten places. South Africa, USA, Chile, India, Israel, Singapore and Switzerland are leaders in their regions.
The top ten countries are:
The top countries for the indicators relating to tertiary education and research and development are:
Tertiary enrollment; Australia
Graduates in Science and Engineering; Oman
Inbound Mobility; New Zealand
Expenditure on R and D; Israel
QS Ranking Score; USA.