Peru is stuck in the world ranking of innovation and at the regional level it is under the table



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Peru dropped from a position, to position itself 71 out of 126 countries measured in the Global Innovation Index 2018 and three years ago it stagnated in the lower part of the mentioned rankings.

No Progress

This study measuring 80 indicators assesses the degree of innovation of these economies and whether the governments of each country stimulate innovation. The study is being developed by Cornell University of the United States, the INSEAD Business School and the World Intellectual Property Organization (WIPO).

At the regional level, Peru is located in the lower of the table in eighth place after Uruguay, Colombia, Brazil, Panama, above Argentina, Jamaica, Dominican Republic, Paraguay.

In his eleventh report, the global index of innovation reveals that Peru's rating fell on the indicator innovative activities of institutions and human capital and research, in the climate to do business and in the facilities for obtaining credit.

Meanwhile, market sophistication its score has not changed compared to 2017. Only advanced in sophistication of business and products of knowledge and the technology and creative products .

Switzerland is again the first country in the world ranking which in its first ten places is behind the Swiss country, the Netherlands, Sweden, the United Kingdom, Singapore, the United States, Finland, Denmark, Germany and Ireland.

Like last year, Nicaragua and Venezuela do not appear on the list due to lack of data

The study reveals that it does not appear. There are only three Latin American countries with high-income economies (Chile, Uruguay and Trinidad and Tobago) and warns that Latin America merica has not significantly improved its rate of innovation compared to other regions.

In this new report, the World Innovation Index recalls that in 2040 the world will require up to 30% more energy all over the world. world and that conventional strategies to increase energy supply are "unsustainable" in the face of climate change

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