World Intellectual Property Organization releases global innovation index China enters the top 20


World Intellectual Property Organization releases global innovation index China enters the top 20

The global innovation index of the World Intellectual Property Organization (WIPO), published by the World Intellectual Property Organization (WIPO) in July 10th, showed that China was up 5 place in 2017 and seventeenth in 2017, the first 20 since the beginning of the rankings.

Japan's Kyodo News said China's assessment was that policies that emphasized research and development led to the transformation of knowledge intensive industries. Switzerland ranks first, and Japan is 1 place higher than thirteenth in 2017.

According to the report, China's entry into the top 20 means that it has become an advanced region of innovation. WIPO Director General Gao Rui stressed that "this announces the arrival of the era of innovation and multipolarity". The index surveyed 126 countries and regions in the world. Holland second, Sweden third, the United States sixth, the top ranked mainly from Europe and the United States.

Kyodo said that China's highest ranking in 2015 was twenty-ninth, but in recent years it has risen rapidly. WIPO points out that, especially in the number of investment and talent, the number of patent applications, and the number of science and technology related publications in the field of investigation and research, China has come up with the results of the United States. WIPO believes that "China's innovation ability is rising clearly."

The ranking is aggregated by WIPO and the Cornell University, which is based on 80 indicators, such as the rate of knowledge ownership application, the development of mobile application software (APP), the maturity of the market and business. The rankings were released from the 2007 edition.


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