Higher score represents greater innovative capacity. The Global Innovation Index (GII) aims to capture the multi-dimensional facets of innovation and provide the tools that can assist in tailoring policies to promote long-term output growth, improved productivity, and job growth. Recognizing the key role of innovation as a driver of economic growth and prosperity, and the need for a broad horizontal vision of innovation applicable to developed and emerging economies, the GII includes indicators that go beyond the traditional measures of innovation such as the level of research and development. Five input pillars capture elements of the national economy that enable innovative activities: Institutions, Human capital and research, Infrastructure, Market sophistication, and Business sophistication. Two output pillars capture actual evidence of innovation outputs: Knowledge and technology outputs and Creative outputs.
Source: INSEAD, Cornell SC Johnson School of Business, World Intellectual Property Organization (WIPO)