Republic of Moldova ranks 59th in the ranking of the Global Innovation Index

09/02/2020

The Republic of Moldova ranked 59th out of 131 countries and economies in the ranking of the Global Innovation Index (GII) 2020, accumulating a total of 32.98 points out of 100 possible.

According to the ranking, in 2020, in the Innovation Input Sub-Index, our country ranked 75th, and in the Innovation Output Sub-Index, it ranked 48th. In Infrastructure we rank 88th, Human capital and research - 75th, Creative activity outputs - 51st, Market sophistication - 42nd, Business sophistication - 88th, Institutions - 81st, and in Knowledge and technology outputs - 51st. Moldova ranked 6th globally among countries with lower average income.

According to the current edition of the Global Innovation Index launched on September 2, Switzerland leads the ranking, maintaining its position since 2011. It is followed by Sweden, the United States, the United Kingdom and the Netherlands. The Republic of Korea joins for the first time in the top 10 most innovative countries.

Ukraine ranks 45th place, while Romania ranks 46th.

The Global Innovation Index is one of the most important reference studies for measuring the performance of countries based on innovation. 131 countries around the world are taken into account, using approximately 80 indicators, including: Human and research capital, Infrastructure, Loans, Investments, Interconnections, Innovation, Creative activity outputs, etc.

The Global Index ranking has been published annually since 2007 and is conducted by the World Intellectual Property Organization (WIPO), Cornell University in the United States and the French Management School Insead.

The theme of this year’s Global Innovation Index is: “Who Will Finance Innovation?” given the global economic damage caused by the COVID-19 pandemic.

“The rapid, worldwide spread of the coronavirus requires fresh thinking to ensure a shared victory over this global challenge,” says WIPO Director General Francis Gurry. “Even as we all grapple with the immediate human and economic effects of the COVID-19 pandemic, governments need to ensure that rescue packages are future oriented and support the individuals, research institutes, companies and others with innovative and collaborative new ideas for the post-COVID era. Innovations equal solutions.” says Francis Gurry.

The purpose of this report is to familiarize the public with the news in innovations and to address this area beyond traditional innovation mechanisms, reflecting in the light of research and development indicators the situation at global, regional and national level.

The detailed results of the study can be consulted here: https://www.wipo.int/edocs/pubdocs/en/wipo_pub_gii_2020.pdf