The GII Report ranks the world economies’ innovation capabilities and results. Understanding the human aspects behind innovation and recognizing the key role of innovation as a driver of economic growth and prosperity, it includes indicators that go beyond the traditional measures of innovation. The GII 2015 looks at “Effective Innovation Policies for Development”.

The report states: “Sweden in 3rd place, leading the Nordic countries. It achieves positions among the top 25 in all pillars, ranking 4th in overall outputs (2nd in Knowledge and technology outputs and 11th in Creative outputs. Sweden has improved its ranking by two places in two of the seven GII pillars: Human capital and research (4th), notably in the quality of its universities; and Business sophistication (7th), notably in the areas of knowledge workers and knowledge absorption.”

The Global Innovation Index 2015 (GII), in its 8th edition this year, is co-published by Cornell University, INSEAD, and the World Intellectual Property Organization (WIPO, a specialized agency of the United Nations).

See the entire Global Innovation Index and download the report.