, Singapore
176 views
Photo from Pexels by Jahoo Clouseau

S’pore achieves highest Global Innovation Index rank at 4th

The city-state topped 14 out of 78 indicators.

Singapore ranked fourth in the annual Global Innovation Index by the World Intellectual Property Organization which tracks innovation trends in 133 economies using 78 indicators.

It is the highest the country has ever ranked in over a decade, whilst also retaining the top spot in the Asia Pacific region.

The city-state topped 14 out of 78 indicators, up from 11, including government effectiveness, information and communications technology access, unicorn valuations and venture capital.

It also retained its top rank in innovation inputs, seeing shifts in sub-component indicators. Education improved by seven positions and ‘Innovation linkages’ improved by five, landing at 39th and 7th, respectively.

“The Singapore IP Strategy 2030 aims to continue broadening the scope of IP to the larger economy, into areas such as IP financing and commercialisation, to keep us on an innovation and business growth trajectory,” Rena Lee, chief executive of IPOS, said.

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Exclusives

Lorem Ipsum Singapore Business Review
The text to display in the title bar of a visitor's web browser when they view this page. This meta tag may also be used as the title of the page when a visitor bookmarks or favorites this page, or as the page title in a search engine result. It is common to append 'Singapore Business Review' to the end of this, so the site's name is automatically added. It is recommended that the title is no greater than 55 - 65 characters long, including spaces.The text to display in the title bar of a visitor's web browser when they view this page. This meta tag may also be used as the title of the page when a visitor bookmarks or favorites this page, or as the page title in a search engine result. It is common to append 'Singapore Business Review' to the end of this, so the site's name is automatically added. It is recommended that the title is no greater than 55 - 65 characters long, including spaces.
Lorem Ipsum 2
Contrary to popular belief, Lorem Ipsum is not simply random text.