The Global Innovation Index 2011 ranks 125 countries/economies across the world in terms of their innovation capabilities and results. The Report highlights those countries that achieve more innovation outputs surmounting weaknesses from the input side ‘“ the efficient innovators ‘“ and those that lag behind in fulfilling their innovation potential. Innovation performances are analyzed in reference to the income and regional groups.
The GII is a collaborative effort of five Knowledge Partners, all international leaders in the area of innovation, led by INSEAD, and including Alcatel-Lucent, Booz & Company, the Confederation of Indian Industry and the World Intellectual Property Organization (WIPO), a specialized agency of the United Nations. An Advisory Board of nine international experts from IOs, NGOs and academia was constituted to contribute to the project at the research and dissemination stages. In addition, the ranking, which is based on a transparent and easily replicable computation methodology, was submitted to a statistical audit by the Joint Research Centre (JRC) of the European Commission. The JRC has researched extensively on composite indicators and has developed, jointly with the OECD, the Handbook on constructing composite indicators (2008), with the state-of-the art in this area.
The top 10 countries in the GII 2001 edition are dominated by Europe, with six countries, and includes two Asian economies and two North American countries: Switzerland, Sweden, Singapore, Hong Kong (SAR, China), Finland, Denmark, the United States of America (US), Canada, the Netherlands, and the United Kingdom (UK). Leaders in their respective regions are Switzerland (1st), Singapore (3rd), the US (7th), Israel (14th), Chile (38th), Mauritius (53rd), and India (62nd).