On September 2, 2020, the World Intellectual Property Organization officially released Global Innovation Index 2020 (https://www.wipo.int/global_528innovation_index/en/2020/), the subject of which is "Who Will Finance Innovation?"
The Global Innovation Index has become one of the important indicators to measure the innovation capability of an economy. The Global Innovation Index (GII) 2020 introduces the latest global innovation trends and the annual innovation rankings of 131 economies. Switzerland is the most innovative economy in the world, followed by Sweden, the United States of America, the United Kingdom and the Netherlands. The leading economies in the GII 2020 are still dominated by developed economies, but China is an exception, ranking 14th for the second consecutive year, and remains the only middle-income economy among the top 30 of GII.
In the Top 100 of Global Technology Hotspots list of the GII 2020, Tokyo-Yokohama once again became the top hotspot, followed by Shenzhen-Hong Kong-Guangzhou, Seoul, Beijing, and San Jose-San Francisco. The United States is still the economy with the largest number of hot spots (25), followed by China (17), Germany (10), and Japan (5). The top 100 clusters are located in 26 economies, of which 6 – Brazil, China, India, Iran, Turkey, and the Russian Federation – are middle-income economies.
The Global Innovation Index calls on business and political leaders from all over the world to provide support for innovation, especially to deal with the direct social and economic impact of the novel coronavirus pneumonia, to ensure a package of relief programs, and to support innovation and collaboration of individuals, research institutions, and enterprises in the post-epidemic era.
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