(Photo: Ng Han Guan -AP)
A new global ranking shows that Europe and the United States continue to be the world leaders in innovation, and suggests that Latin America and other emerging regions will have to engage in “innovation diplomacy” to succeed in the new world economy.
Before we get into what “innovation diplomacy” means, let’s take a look at the Global Innovation Index released by Cornell University, the France-based INSEAD business school and the United Nations World Intellectual Property Organization.
The ranking, which takes into account the ease of doing business, scientific publications and international patent registrations, says Switzerland is the world’s No. 1 innovation economy, followed by Sweden, Great Britain, the United States and Finland. Germany is No. 10, while China is No. 25, the first time it has gotten into the top 25.
Most Latin American countries, with the exceptions of Chile (44) and Costa Rica (45), are significantly behind: Mexico is ranked 61; Colombia, 63; Brazil, 69; Peru, 71; Dominican Republic, 76; Argentina, 81; Guatemala, 97; Ecuador, 100; Nicaragua, 116; and Venezuela, 120.
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Etiquetas: Economy, innovation, Latin America
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