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😮 🤔 hmmmmmmmmmm ‘’The World's Most #Innovative Countries 2023 ’’ ? 🌎 Where is South Korea 🇰🇷 in the list ? Japan ? 🇯🇵 The World Intellectual Property Organization (WIPO) has released its 2023 Global Innovation Index. It evaluated innovation levels across 132 economies… ….read more https://lnkd.in/eB87YP29 Which countries do you think deserve to be in the top 5 for innovation ?

PDF China’s Next Strategic Advantage: From Imitation to Innovation George S. Yip, Bruce McKern digsell https://lnkd.in/erRcqPxs A book for everyone who does business with China or in China. The history-making development of the Chinese economy has entered a new phase. China is moving aggressively from a strategy of imitation to one of innovation. Driven both by domestic needs and by global ambition, China is establishing itself at the forefront of technological innovation. Western businesses need to prepare for a tidal wave of innovation from China that is about to hit Western markets, and Chinese businesses need to understand the critical importance of innovation in their future. Experts George Yip and Bruce McKern explain this epic transformation … Read More » https://lnkd.in/e-_khqua

Estonia ranked 16th among the 132 economies featured in the Global Innovation Index 2023! The report highlights e-governance, imports of information and communication services and the value of unicorns in relation to GDP as strengths for Estonia. In these areas, Estonia maintains an absolute leadership position, being ranked first among all countries. As innovation top performers, the universities mentioned are the University of Tartu, TalTech, and Tallinn University. The most successful unicorns are Bolt and Veriff. A weakness highlighted in the report for Estonia is the income generated from transactions involving intellectual property. "It is in the interest of the Estonian economy that all stakeholders come together and support entrepreneurs. Unprotected intellectual property is undoubtedly a significant risk for entrepreneurs and the country's economy and innovation," says Margus Viher, director general of the Estonian Patent Office. The full report can be accessed on WIPO website: https://lnkd.in/edsdUSQD #Globalinnovationindex

Global Innovation Index 2023? 🇨🇳🚀 China’s only 12th on this list, but leading when it comes to science and technology hubs, ranked by their share of international patent applications and scientific publications. 👇 So, how did everyone else do? 🚀 For the 13th year in a row, Switzerland is the most innovative economy in the world, according to WIPO.  It’s followed by Sweden, the US, the UK and Singapore. 🚀 WIPO’s Global Innovation Index (GII) takes the pulse of global innovation trends against the background of an economic environment of each individual country. 🚀 So, interestingly, they say, China’s actually leading in innovation “in the upper middle-income group with performance above expectation for the level of country’s development”. 🚀 When it comes to science and technology clusters, for the first time in 2023, China tops the list of countries with the highest number of clusters among the top 100, having 24 in total. The US follows with 21 clusters, then Germany with 9. So, what is China doing to boost innovation efforts in 2024? ✅ China unveiled a strategy early last month to commercialise its innovations, aiming to compete globally with international tech products. This includes the establishment of five advanced pilot-scale production facilities to enhance its global manufacturing leadership. ✅ The Ministry of Industry and Information Technology will also boost the supply of essential pilot test products. Items like precision instruments, testing equipment, and design software will become more available. ✅ Chinese manufacturers are urged to adopt AI, machine learning, and digital tech in pilot testing. They are also encouraged to share data with suppliers to speed up R&D and reduce costs. ✅ Currently, only 37% of China's large industrial companies are involved in research and testing. China's R&D spending is 2.6% of its GDP, trailing the 3.5% in the US and 5% in South Korea, highlighting a need for increased investment. What’s your take? 🤓👇 How do you see innovation evolving in China 2024? Want to learn more about China and its role as a global “Innovation Factory”? 🧐 Get your FREE copy of my latest book on this very topic in the link below. ____  #china #innovation #tech Insights via Visual Capitalist, 2023 Global Innovation Index, SCMP

📣 Let's look at World Intellectual Property Organization – WIPO's Global #Innovation #Index 2023 🎉 #Switzerland continues to lead as the most innovative economy for the 13th consecutive year, followed by #Sweden, the #UnitedStates, the #UnitedKingdom, and #Singapore. However, the landscape of innovation is not static. Some countries have made significant strides in their innovation #performance. For instance, Sweden has overtaken the United States and climbed to the second position. On the other hand, some countries have faced #challenges and seen a drop in their rankings. It’s a reminder that continuous effort and #investment in innovation are crucial. The report also highlights the world’s top 100 science and technology clusters, with Tokyo–Yokohama, Shenzhen–Hong Kong–Guangzhou, Seoul, Beijing, and Shanghai-Suzhou leading the pack. Key takeaways for innovators, entrepreneurs, and policymakers include the importance of fostering an environment conducive to innovation, investing in research and development, and promoting collaboration between different sectors. Check out the full index here: https://lnkd.in/edsdUSQD Remember, innovation is not just about having a new idea, but making that idea a reality. Keep innovating! 💪 #GlobalInnovationIndex #Innovation #Entrepreneurship #PolicyMaking #GII2023

Shanghai is now a 'powerful driver' in China's opening up according to executives and industry experts attending the forum of the 35th International Business Leaders' Advisory Council for the Mayor of Shanghai (IBLAC)" on Oct, 14th. 🌟 "Shanghai did many "efforts to attract foreign investment and drive technology innovation" 🌟 "Jean-Pascal Tricoire, chairman of Schneider Electric, gives much credit to Shanghai's achievements in green transition and the establishment of a wholesome innovation ecosystem". 🌟 "Hans Uszkoreit member of the European Academy of Sciences and scientific director of German Research Center for Artificial Intelligence Deutsches Forschungszentrum für Künstliche Intelligenz (DFKI), believed that Shanghai can grow into an artificial intelligence hub. #sustainability #greentransition #AI To know more, read this interesting article by Daily China 👇

The results are in ... 🥁 and Switzerland once again tops World Intellectual Property Organization – WIPO’s Global Innovation Index out of 132 economies!   Did you know, innovation is in the top 3 objectives of 79% of organisations*? An excellent innovation capability is key to delivering sustained growth, building brands and meeting long-term sustainability for a business.   However, there are obstacles that can frequently hinder innovation progress, restricting growth, despite your best-laid plans. It’s these hidden challenges that require keen insight, adaptability and the right processes and tools to overcome. Evaluating key dimensions of innovation allows companies to uncover new areas of opportunity not yet considered, but also diagnose and address critical issues early on.   Is your innovation organisation fit for growth? We have a new and exciting Innovation Diagnostic Tool to help clients optimise their innovation capability. Get in touch today to learn more: [email protected] #innovation #diagnostics #innovationhealthcheck #strategyexecution #SkarbekAssociates *Source: BCG, Reaching New Heights in Uncertain Times https://lnkd.in/edsdUSQD

Singapore has moved up two spots to fifth place in the Global Innovation Index (GII), leading the South-east Asia, East Asia and Oceania (SEAO) region. Switzerland retained the crown for the 13th year in a row, in the ranking published by the World Intellectual Property Organisation (Wipo). Sweden moved up one spot to second place, and the United States slipped a spot to third. The United Kingdom took fourth place. The GII is a global ranking of the world’s most innovative economies. This year, the index used 80 indicators to track innovation trends in 132 economies.

🌟 Press Spotlight 🌟 Delving into the dynamics of Southeast Asian SMEs, our promoter, Deepayan Mohanty, shares his opinion in a recent article published by The Manila Times. Discover his perspective on the region's business landscape. He recognizes a deficiency in creative thinking within Southeast Asia and believes that innovation can facilitate the region's shift towards a more sustainable and eco-friendly development trajectory. 🔗 Read more: https://lnkd.in/eccRTK-8 #ManilaTimes #BusinessInsights #SoutheastAsia #SMEs #ExpertPerspective #Innovation #TechInnovation #CreativeThinking #FutureTech #DisruptiveInnovation #InnovationCulture #DigitalTransformation #StartupLife #Ideation #ResearchAndDevelopment