Việt Nam rises in world innovation index

Created 12 July 2018
  • PDF
Editor Choice
Share
(0 votes, average 0 out of 5)

Việt Nam jumps two ranks on the Global Innovation Index 2018 (GII) to place 45 out of 126 economies in the GII report published on Wednesday.

Kết quả hình ảnh cho Việt Nam rises in world innovation index

HÀ NỘI — Việt Nam jumps two ranks on the Global Innovation Index 2018 (GII) to place 45 out of 126 economies in the GII report published on Wednesday.

With this rise in the rankings, Việt Nam has leapt 14 ranks compared to 2016.

The sub-indices in which the country saw the greatest ranking improvements are in Institutions, going from 87 to 78; Business Sophistication from 73 to 66 and Creative Outputs from 52 to 46. Gross Expenditure on Research and Development by businesses jumped from rank 36 to 13. Collaboration between university and industry also rose from 76 to 59.

According to GII, the core of the annual report consists of a ranking of world economies’ innovation capabilities and results. A higher ranking in the report means better economic development and richer innovation-prone environments.

This year’s theme is ‘Energising the world with Innovation’. It is published by Cornell University, INSEAD and the World Intellectual Property Organization, in partnership with other organisations and institutions.

The GII is computed by taking an average of the scores in two sub-indices, the Innovation Input Index (Institutions, Human Capital and Research, Infrastructure, Market Sophistication and Business Sophistication) and Innovation Output Index (Knowledge and Technology Outputs, and Creative Outputs). — VNS

 

 

Source: VietNamNews

Tags:
Maybe You Also Interesting :

» Meet Ricardo, a British drag queen in Saigon

“I’ve never had anyone being violent to me in Vietnam; I’ve never had much abuse in Vietnam for being LGBT,” Ricardo Glencasa told his story thousands...

» VCCI envisions an ASEAN startup network

The Vietnam Chamber of Commerce and Industry (VCCI) feels a network of businesses, especially startups, will catalyze regional growth.

» Swifts feather the nest of a woman in southern Vietnam

When she found some birds’ nests in her house, Vu Thi Tuat thought it was a good omen.

Popular News Categories:

- Asia & Asean  |  EU & Russia  |  America

- Facts  |  Urban  |  Faculty  |  Environment

- Business  |  Finance  |  Market Health

- Destination  |  Cuisine  |  Arts Music

- Cinema  |  Soccer  |  Sports  |  IT & Internet