The 2023 edition of the Global Innovation Index (GII) takes the pulse of global innovation trends against the background of an economic environment fraught with uncertainty. It reveals the ranking of this year’s most innovative economies in the world amongst 132 economies and localizes the top 100 science and technology innovation clusters.
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For the 13th year in a row, Switzerland is the most innovative economy in 2023 followed by Sweden, the United States, the United Kingdom and Singapore. Discover how other economies are performing in the Global Innovation Index 2023 rankings.
This year, Sweden has overtaken the United States and has climbed to second position. Singapore has entered the top five, and has taken the leading position among South East Asia, East Asia and Oceania (SEAO) region economies.
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Also referred to as “Science and Technology hubs”, S&T clusters are the areas in the world where the highest density of inventors and scientific authors are located.
The top Science and Technology innovation clusters in the world in 2023 are Tokyo–Yokohama, followed by Shenzhen–Hong Kong–Guangzhou, Seoul, Beijing and Shanghai-Suzhou.
China now has the largest number of clusters in the world, overtaking the United States.
Find out where the top 100 S&T innovation clusters are located.
The Global Innovation Tracker captures key trends in innovation investments, measures the pace of technological progress and adoption, as well as the resulting socioeconomic impact.
How is innovation navigating through the global turbulence caused by elevated inflation, rising interest rates and geopolitical conflict in the immediate aftermath of the COVID-19 pandemic? According to this year’s Global Innovation Tracker, new breakthrough technologies continue to provide novel opportunities but the societal impact of innovation remains low.
Learn about the latest innovation trends in the Global Innovation Tracker.
Now in its 16th edition, the Global Innovation Index is a leading reference for measuring an economy’s innovation ecosystem performance. Published annually, it is also a valuable benchmarking tool used by policymakers, business leaders, and other stakeholders to assess progress in innovation over time.
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The GII 2022 provided a stance on whether stagnation and low productivity growth are here to stay, or whether we are about to enter a new era, where new innovation spurts like the Digital Age and the Deep Science Innovation waves bring about an economic uplift.
The GII 2021 presented the most recent global innovation trends in the new Global Innovation Tracker. This edition also focused on the impact of the COVID-19 pandemic on innovation.
The GII 2020 shed light on the state of innovation financing by investigating the evolution of existing mechanisms and pointing to progress and remaining challenges.
The GII 2019 analyzed the medical innovation landscape of the next decade, looking at how technological and non-technological medical innovation will transform the delivery of healthcare worldwide.
