Thursday, January 19, 2023

Innovative Countries -- Global Innovation Index

 

This is a great summary of innovation by country from Visual Capitalist. See the Global Innovation Index (GII) map here:https://www.visualcapitalist.com/most-innovative-countries-2022/

We, at Strategic Business Planning Company, www.SBP.com, are always interesting in all aspects of innovation. Sometimes we hear from a layperson or an executive that the most innovative country in the work is ...  

Israel and Ireland were mentioned in recent years.  One executive said that "all innovation comes from Israel". All right, admittedly, Israel is a great source of innovation and invention, but it is a very small country (population, GDP). In absolute terms, Israel is not even close, but in relative terms (adjusted for size of country), Israel is a very respectable #16 in the world (GII score of 50.2).