U.S. Ranks #5 in 2013 Global Innovation Index
|Written by Gene Quinn
Patent Attorney & Founder of IPWatchdog
Widerman & Malek
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Posted: Jul 1, 2013 @ 2:36 pm
Earlier today Cornell University, INSEAD, and the World Intellectual Property Organization (WIPO) released the rankings for the 2013 Global Innovation Index. Switzerland and Sweden remain #1 and #2 respectively, but the United States jumped 5 places to #5.
According to the report, the United States benefited from a strong education base, with many top-ranked universities. Additionally, over the last year the U.S. has seen significant increases in software spending and employment in knowledge-intensive industries. The U.S. was last in the top 5 of the Global Innovation Index in 2009, when it placed #1.
There was also good news for innovation in general, which is alive and well despite the global economic crisis, which drags on. The report explains that “[r]esearch and development spending levels are surpassing 2008 levels in most countries and successful local hubs are thriving.”
“Dynamic innovation hubs are multiplying around the world despite the difficult state of the global economy. These hubs leverage local advantages with a global outlook on markets and talent.” said WIPO Director General Francis Gurry. “For national-level policy makers seeking to support innovation, realizing the full potential of innovation in their own backyards is often a more promising approach than trying to emulate successful innovation models elsewhere.”
|2013 Rankings||2012 Rankings|
|5.||United States of America||5.||United Kingdom|
|7.||Hong Kong (China)||7.||Denmark|
|8.||Singapore||8.||Hong Kong (China)|
|10.||Ireland||10.||United States of America|
About the Author
Gene Quinn is a US Patent Attorney, law professor and the founder of IPWatchdog.com. He is also a principal lecturer in the top patent bar review course in the nation, which helps aspiring patent attorneys and patent agents prepare themselves to pass the patent bar exam. Gene started the widely popular intellectual property website IPWatchdog.com in 1999, and since that time the site has had many millions of unique visitors. Gene has been quoted in the Wall Street Journal, the New York Times, the LA Times, USA Today, CNN Money, NPR and various other newspapers and magazines worldwide. He represents individuals, small businesses and start-up corporations. As an electrical engineer with a computer engineering focus his specialty is electronic and computer devices, Internet applications, software and business methods.