Ukraine Rises 7 Positions in World Innovation Index



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Ukraine becomes more innovative – and the numbers prove it

The country reached 43 rd place in this year's Global Innovation Index or GII, which was compiled by the Cornell University, INSEAD Business School, and World Intellectual Property Organization every year since 2007.

Since last year, Ukraine has increased seven places in the index , which tracks various indicators of innovation development in 126 countries around the world. a scale from 0 to 100, the GII takes into account both the inputs of innovation – political environment, education, human capital and infrastructure, and innovation results – the number of patents, scientific publications , new businesses, mobile applications and even Wikipedia.

The main weaknesses of Ukraine are the indicators of "market sophistication", "infrastructure" and "institutions". Its main badets are "education", "knowledge and technologies" and "human capital and research".

The index of Ukraine in 2018 is 38.50 points – the highest value of the country in the history of the ranking. In the last four years, Ukraine has experienced steady growth with an overall increase of 28 positions.

It is also the first time that Ukraine beats Russia in the ranking of innovation: Russia goes from 45th to 46th place in 2018.

Meanwhile , Switzerland is the leader of the GII (with an index of 68.40), as it has been the case for the last seven years. It is followed by the Netherlands, Sweden, Great Britain, Singapore and the United States.

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