The Government of Serbia said today that in this year’s Global Innovation Index report, Serbia has advanced by four places and now occupies the 53rd place out of the 131 ranked countries.
One of the most significant results in this year’s report is that Serbia’s innovative performance is rated far better than that expected from a country with a GDP like ours.
In this year’s report, Serbia also advanced as many as 16 places in the area called Knowledge Impact, which measures the impact of knowledge on economic development.
According to the Global Innovation Index, Switzerland is the most innovative economy in the world, followed by Sweden, while the United States is in third place.
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The Global Innovation Index measures the performance of 131 economies based on 80 different indicators: the degree of development and application of science, higher education, number of graduate and scientific engineering specialists in the field of high technology, degree of application and efficiency of technologies and knowledge economy, etc.
This report was published by the World Intellectual Property Organization (WIPO), a specialized agency of the United Nations, in cooperation with Cornell University in New York and the Swiss multinational business school INSEAD, which has its campuses in Europe (France), Asia (Singapore) and the Middle East (Abu Dhabi).
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