High Level Segment Geneva, 1 st July 2013
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1 High Level Segment Geneva, 1 st July 2013 Soumitra Dutta Anne and Elmer Lindseth Dean, Professor of Management, Samuel Curtis Johnson Graduate School of Management, Cornell University Bruno Lanvin Executive Director, European Competitiveness Initiative, INSEAD
2 The GII is a multi-stakeholder effort Co-published by Cornell University, INSEAD and WIPO Four Knowledge Partners: Booz & Company, the Confederation of Indian Industry, du, and Huawei Independent statistical audit by the Joint Research Centre of the European Commission International advisory board
3 A tool for action around 84 metrics
4 Global coverage and broad scope 142 Country Profiles (Appendix I) 84 Data tables (Appendix II): 60 hard data, 19 indices, 5 survey questions Effort to capture innovation in emerging markets Rankings by region and by income group Scatterplot of scores vs. GDP per capita: Leaders and Learners Strengths and weaknesses in Country Profiles and Data Tables Transparent methodology Statistical audit (Annex 3) Detailed sources and definitions (App III) Technical notes (App IV) Framework adjusted for relevance and timeliness 20 indicators deleted or adjusted (impact on Annex 2) 38% of data are from 2012, 35% from 2011, 14% from 2010
5 GII 2013 Main results o Innovation is a global game o An innovation divide persists o Local dynamics are key o Policy implications emerge
6 GII 2013 rankings Top 10 Input Sub-Index Output Sub-Index Efficiency Ratio Global Innovation Index 1. Singapore 1. Switzerland 1. Mali 1. Switzerland 2. Hong Kong (China) 3. United States of America 4. United Kingdom 5. Sweden 6. Finland 7. Switzerland 8. Denmark 9. Canada 10. Netherlands 2. Netherlands 3. Sweden 4. United Kingdom 5. Malta 6. Luxembourg 7. Iceland 8. Finland 9. Israel 10. Germany 2. Moldova, Rep. 3. Guinea 4. Malta 5. Swaziland 6. Indonesia 7. Nigeria 8. Kuwait 9. Costa Rica 10. Venezuela, Bolivarian Rep. 2. Sweden 3. United Kingdom 4. Netherlands 5. United States of America 6. Finland 7. Hong Kong (China) 8. Singapore 9. Denmark 10. Ireland
7 Mapping the GII rankings is not the whole story
8 Innovation Leaders and Learners Key chart in the Report, on page 24 Leaders are the top 25. Learners are 18 countries out-performing their peers relative to GDP per capita: Moldova, China, India, Uganda, Armenia, Viet Nam, Malaysia, Jordan, Mongolia, Mali, Kenya, Senegal, Hungary, Georgia, Montenegro, Costa Rica, Tajikistan, and Latvia.
9
10 A persistent innovation divide Striking pattern of stability at the top. Switzerland comes 1 st and Sweden 2 nd since The top 10 or top 25 might swap rankings, but not a single country moved in or out this year. Rankings remain strongly correlated with income levels.
11 Some regional gaps have been reduced Median ranks in Human capital and research, and Infrastructure present the expected shape, but some gaps have been bridged in the remaining pillars (red arrows). For example, the median Sub-Saharan African country performs better than the median Central and Southern Asian country in Institutions, Business sophistication and Creative outputs.
12 The local dynamics of innovation o o o o o Despite the economic crisis, innovation is alive and well. Research and development spending levels are surpassing 2008 levels in most countries. The theme of the GII 2013 is on the local dynamics of innovation. Seven analytical chapters shed light on the factors leading to the excellence of innovation hubs, the role of local champions, the interaction of clusters with local, inter-regional, and global networks and value chains, with examples from India, Uruguay, the Middle East and Northern Africa, and Europe, among others. Local dynamics are bustling in established hubs such as Baden-Württemberg in Germany, the Capital Region of the Republic of Korea, Guangdong Province in China, Stredni Cechy in the Czech Republic, the Mumbai region in India, Tel Aviv in Israel, São Paulo in Brazil, etc. The report signals a shift from the tendency to duplicate successful initiatives. Original innovation ecosystem are thriving around the world. In New York City, Cornell University and the Technion Israel Institute of Technology were invited to set up the NYC Tech Campus on Roosevelt Island, aimed at attracting a new talent pool, lead to innovation, and impact the economy of the surrounding region.
13 A benchmark for policymakers Measuring innovation is a moving target. The GII helps identify targeted policies, good practices, and other levers to foster innovation. Country profiles include strengths and weaknesses. The GII rankings attract media attention, but they are not the main part of the GII.
14 Policy implications o Innovation is a mindset It requires the identification and mobilization of multiple resources, and hence the engagement of a multiplicity of stakeholders. o Metrics are useful to bring everyone on the same page and provide a commonly accepted tool to minitor progress and identify priorities. o The core ingredient behind innovation (before investment, research, and cooperation) is talent. Education is fundamental, as well as openness and appetite for change. o The GII aims at providing a set of feasible and ambitious objectives to the global community, as well as a forum where policies and strategies can be discussed, compared and coordinated.
15 Thank you for your attention
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