Global Innovation Index 2015

инноваThe Global Innovation Index 2015 (GII), in its 8th edition this year, is co-published by Cornell University, INSEAD, and the World Intellectual Property Organization (WIPO, an agency of the United Nations).

The Global Innovation Index (GII) aims to capture the multi-dimensional facets of innovation and provide the tools that can assist in tailoring policies to promote long-term output growth, improved productivity, and job growth. The GII helps to create an environment in which innovation factors are continually evaluated. It provides a key tool and a rich database of detailed metrics for 141 economies this year, which represent 95.1% of the world’s population and 98.6% of global GDP.

As the research results show, Ukraine is labeled as a lower-middle income group. Among the indexes indicating strength you can see the following ones:

  • Innovation Efficiency Ratio,
  • Expenditure on education, % GDP,
  • Gov’t expenditure/pupil, secondary, % GDP/cap,
  • Tertiary enrolment, % gross,
  • Graduates in science & engineering, %.
  • 1 Ease of getting credit*,
  • GERD financed by abroad, %,
  • Knowledge creation
  • Domestic resident patent app./tr PPP$ GDP
  • Domestic res utility model app./tr PPP$ GDP.
  • Growth rate of PPP$ GDP/worker, %
  • Domestic res trademark app./bn PPP$ GDP.

The indexes indicating weakness are mentioned below:

  • Business environment,
  • Ease of resolving insolvency*,
  • Ease of paying taxes,
  • Gross capital formation, % GDP,
  • Ecological sustainability,
  • Investment,
  • National feature films/mn pop

In a nutshell, Ukraine has relatively strong background in the field of Human capital & research and Knowledge & technology outputs. But at the same time it has a lot of gaps in such spheres as business environment, innovation linkages, investment and creative outputs.