Denmark no. 8 in Global Innovation Index 2016  

2016.08.26

Denmark jumps to the 8th position in the Global Innovation Index 2016 by Cornell University, INSEAD & WIPO, performing very well on research talent and knowledge workers, ICT use, venture capital and government effectiveness.

Denmark ranks 8th in this year’s Global Innovation Index (GII), a spot the country also held in 2014. Denmark ranks in the top 25 economics across all pillars in the index, which provides a rich database of detailed metrics for 128 economies worldwide, aiming to capture the multi-dimensional facets of innovation.

Denmark 4th best on human capital and research

The Innovation Input Sub-Index is comprised of five input pillars that capture elements of the national economy that enable innovative activities. Denmark scores high across the board:

  • No. 4 on human capital and research
  • No. 6 on market sophistication
  • No. 7 on institutions
  • No. 17 on business sophistication
  • No. 21 on infrastructure

Denmark performs particularly well on parameters such of redundancy dismissal, researchers (FTE/m population), gross expenditure on R&D (%GDP), ICT use, environmental performance, domestic credit to private sector (% GDP), venture capital deals/bn PPP$ GDP, knowledge workers, research talent (% in business enterprise), and government effectiveness

About the Global Innovation Index

The Global Innovation Index 2016 (GII) is co-published by Cornell University, INSEAD and the World Intellectual Property Organization (WIPO), a UN agency. The GII Index consists of a ranking of world economies’ innovation capabilities and results. The 2016 edition focuses on “Winning with Global Innovation” as science and innovation are more internationalised and collaborative than ever before. Read the full report here.
 

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