[ad_1]
TOKYO – Asian economies are climbing the ladder of global innovation, with Singapore ranking in the top five and China placing in the top twenty for the first time in the world's top-flight index. this year's innovation released Tuesday. The improvements reflect vigorous government efforts as well as socio-economic development in the region.
The index, calculated from 80 different indicators, shows the ability of each economy to innovate new technologies and to use them. The report was co-published by Cornell University, the Insead School of Business and the World Intellectual Property Organization, a United Nations agency. Switzerland tops the standings for the eighth consecutive year
Singapore has moved up two places from the previous year to fifth place. It has performed well in indicators such as government efficiency and outflows of foreign direct investment. South Korea went from one notch to twelfth, while Japan, Hong Kong, China and Australia climbed into the top 20.
China, who joined the top 25 in 2016, quickly rose to 17th place. This points to improvements in several factors, including high-tech imports and the quality of publications, according to the report. The country ranked first or second in terms of research and development expenditures and the number of researchers, patents and publications.
The country's rise reflects Beijing's efforts to "shift the structural base of the economy towards more knowledge-based industries. "The Director General of WIPO, Francis Gurry, said:
The report also discusses" clusters ", areas particularly active in science and technology. the second largest number of clusters after the US, with 26 clusters.The Shenzhen and Hong Kong regions are the second largest group in the world, with ZTE being the leading patent applicant. and patents led by the Chinese Academy of Sciences and BOE Technology Group
.The world's highest cluster was Tokyo-Yokohama, with the University of Tokyo and electronics manufacturer Mitsubishi
Overall, the region of Southeast Asia, East Asia, and Oceania recorded the most progress compared to other regions, thanks to the Association of Asi nations Southeast Asia, ASEAN has made progress in the indicators of innovation and socio-economic development, according to the report. Malaysia and Vietnam climbed two positions and Thailand climbed seven positions to 44th place.
Malaysia, ranked 35th, showed increases in most indicators, including human capital and research, infrastructure and business sophistication. Among the ASEAN countries, Vietnam comes top in education and brand expenditure by origin, while Thailand registers a high tertiary enrollment rate
In central and southern India, 39 India is up three places to 57th worldwide. This year's GII report focused on "Energizing the world through innovation", highlighting the need to innovate to meet the growing demand for energy and environmental concerns. According to the report, energy patents have stagnated in recent years since the peak of 2012, declining in the areas of nuclear technology and renewable energy.
While India and China are innovating in the applications of photovoltaic technologies to produce solar energy, the report points out that innovation is weak in storage and transmission technologies. Energy, which are vital in the use and distribution of energy.
The GII compiles the profiles of 126 countries and regions. ]
[ad_2]
Source link
