Emerging Economies Alter Global Innovation Landscape
The dynamics of global innovation are changing as a result of the activities of emerging economies, according to The Global Innovation Index 2012. Countries like China, India – and even Paraguay and Sri Lanka – show that while innovative activity generally increases with income levels, good results can be achieved using their own innovation models.
The innovation report evaluated 141 countries, highlighting strong performances in innovation by several emerging economies, including China, Ghana, India, Jordan, Kenya, Malaysia, Namibia, Paraguay, Senegal, Swaziland, Vietnam and Zimbabwe. Innovation inputs, such as economic policies, and innovation outputs resulting from innovation activities within the economy, were both measured.