New innovation index ranks Canada 19th behind Denmark, Israel and Barbados when it comes to filing international patents
An innovation quality index launched by Cornell University, the World Intellectual Property Organization and French business school INSEAD, puts Canada in 11th place among countries around the world when it comes to innovation and producing patents.
For instance, in comparing patents, the index considers only those filed in at least three different countries. In comparing research it considers only those cited in other publications.
The index ranked Canada 11th as an innovator below leaders such as the United States, Great Britain, Germany and Japan.
Too many innovation strategies have been focused on trying to replicate previous successes elsewhere, like Silicon Valley in California, the GII report said.
Among the encouraging signs identified by GII 2013, 18 emerging economies are outperforming other countries in their respective income groups in order of distance: the Republic of Moldova, China, India, Uganda, Armenia, Viet Nam, Malaysia, Jordan, Mongolia, Mali, Kenya, Senegal, Hungary, Georgia, Montenegro, Costa Rica, Tajikistan and Latvia. All of them demonstrate rising levels of innovation compared with their peers.
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