The Global Innovation Index and Introduction to WIPO Services Related to IP Issues in the University Setting Sofia, November 25 and 26, 2015 Mr. Evgeniy Sesitsky, Department for Transition and Developed Countries, World Intellectual Property Organization (WIPO) – “ Knowledge is increasingly at the center of wealth creation. IP system is one of the indispensable mechanisms for translating knowledge into commercial assets. IPRs create a secure environment for investment in innovation and provide a legal framework for trading intellectual assets.” Francis Gurry WIPO Director General WIPO Mission promotion of innovation and creativity for the economic, social and cultural development of all countries through a balanced and effective international IP system WIPO’s Support Specialized agency of the United Nations 188 Member States (more than 90% of countries in the world) Provide to Member States assistance and advice for the development and implementation of national IP/innovation strategies Develop WIPO studies for countries in transition Organize workshops/trainings on various aspects of IP Provide to Member States assistance and advice for the development of TTO Gather and disseminate IP information and statistics Manage and enhance global IP services WIPO Arbitration and Mediation System The Global Innovation Index 2015 Effective Innovation Policies for Development 1 Introduction to the Global Innovation Index 2 Main quantitative results of GII 2015 3 Conclusions and key messages 5 1 Introduction to the Global Innovation Index 2015 Measures innovation across more than 140 economies Leading reference on innovation A ‘tool for action’ for decision makers with the goal of improving countries’ innovation performances Recognizes innovation as key driver of economic growth Offers a holistic analysis of innovation, applicable to both developed and emerging economies alike Helps monitor innovation progress on a yearly basis 6 79 Metrics Create a Tool for Action 7 Collaboration among GII Partners Co-published by Cornell University, INSEAD and WIPO Three Knowledge Partners: Confederation of Indian Industry, du, and A.T. Kearney IMP3rove Academy Independent statistical audit by the Joint Research Centre of the European Commission International advisory board 8 2 Main quantitative results of GII 2015 9 2 Main quantitative results of GII 2015 GII Rankings – Top 10 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. GII Input Sub-Index Output Sub-Index 1. Switzerland Singapore Switzerland Finland Hong Kong (China) USA United Kingdom Sweden Denmark Canada Australia 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 2. United Kingdom Switzerland Luxembourg Netherlands Sweden United Kingdom Iceland Ireland Germany USA Finland 3. Sweden 4. Netherlands 5. USA 6. Finland 7. Singapore 8. Ireland 9. Luxembourg 10. Denmark 10 11 12 Bulgaria Rank 39 in 2015 (up from 44 in 2014) High Efficiency Ratio (Rank 21) Strengths: Innovation Efficiency Ratio (rank 21); Cost of redundancy dismissal, salary weeks; Ecological sustainability; Ease of protecting investors; GERD financed by abroad; Knowledge impact; New businesses; Domestic resident utility model app./bn PPP$ GDP; Domestic resident trademark app./bn PPP$ GDP; Madrid trademark app. holders/bn PPP$ GDP; Generic toplevel domains (TLDs)/th pop. 15–69; wikipedia edits. 13 3 Conclusions and key messages 14 AMONG THE TOP, QUALITY MATTERS The group of top 25 performers, all high-income, remains largely unchanged from past editions The US and the UK stay ahead of the pack in terms of innovation quality This is the first year Czech Republic (24th) joins the Top 25 and Ireland is back in the Top 10 (8th) 15 INSTITUTIONS MATTER Institutions have become the most visible differentiator, as new ideas are produced and developed across regions and income groups 16 BUSINESS SOPHISTICATION Low-income economies that have made efforts on business sophistication have been able to do well, sometimes overtaking some middle-income economies 17 LESSONS ON INNOVATION POLICIES National innovation policy plans are essential Management and leadership bodies facilitate policy implementation IMPROVE • Framework conditions for innovation RENOVATE Coordination with other policy strategies is key (IP, education, skills, foreign investment, trade) • Interest in demand-side measures Understand sector linkages • A culture of innovation Focus on existing domestic innovation capabilities ALIGN Effective policy implementation to improve innovation metrics • Innovation policies and institutions to reflect and leverage local realities CREATE 18 The Global Innovation Index 2015 Effective Innovation Policies for Development “Innovation holds far-reaching promise for spurring economic growth in countries at all stages of development. However, realizing this promise is not automatic. Each nation must find the right mix of policies to mobilize the innate innovative and creative potential in their economies.” Francis Gurry WIPO Director General Thank you for your attention evgeniy.sesitsky@wipo.int Please visit us at: www.wipo.int www.globalinnovationindex.org @GI_Index Soumitra Dutta Founder and co-editor Bruno Lanvin Co-editor Cornell University INSEAD Sacha Wunsch-Vincent Co-editor 20 WIPO