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.
Countries that have a well-established political regime tend to score higher on the Global Innovation Index
How do we define Political Regime?
Only 1/3% of the autocratic nations are above the average innovation index versus 55% of the democratic nations
Autocratic nations are more negatively affected on some aspects of innovation, while others not so much
The GII is a weighted average of seven different sub-indexes:
Government effectiveness, regulatory quality, ease of starting a business, ease of paying taxes, etc. Information and communication technologies (ICTs) access, electricity output, logistics performance, GDP per unit of energy use, etc. Expenditure on education, tertiary education enrollment, gross expenditure on R&D, graduates in science and engineering, etc. Credit access, ease of getting credit, venture capital deals, applied tariff rate, intensity of local competition, etc. |
Females employed with advanced degrees, university/industry research collaboration, joint ventures and strategic alliances, foreign direct investment, etc. Scientific and technical publications, patent applications, ISO 9001 quality certificates, total computer software spending, etc. ICTs and business model creation, contribution to global entertainment and media market, generic top-level domains(gTLDs), Wikipedia yearly edits, video uploads on YouTube, etc. |