Singapore slips to eighth position in global innovation index
It keeps its top spot for innovation input and is 15th for innovation output, which includes patent applications, business model creations
Claudia Tan HS
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
SINGAPORE remains top of the list for innovation among Asian economies in the 2019 Global Innovation Index (GII). Globally, however, it slipped three notches from last year to place eighth due to a fall in rankings in indicators under innovation input.
The annual ranking by Cornell University, Insead and the World Intellectual Property Organization (Wipo) surveys 126 economies based on 80 indicators ranging from intellectual property filing rates to mobile application creation, education spending and scientific and technical publications.
Copyright SPH Media. All rights reserved.
TRENDING NOW
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Beijing’s calculated silence on the Iran war
DPM Gan warns of 3 structural shifts to the global system that will bring greater challenges – and opportunities