Vietnam jumps 12 places in Global Innovation Index 2017

Vietnam ranked 47th, up 12 spots, in the Global Innovation Index co-authored by Cornell University, INSEAD and the World Intellectual Property Organization (WIPO).

According to the report, Viet Nam shows the second best rank of Southeast Asia in expenditure on education and also performs well in labor productivity growth, economy-wide investment, and foreign direct investment net inflows. Switzerland, Sweden, the Netherlands, the US and the UK are the world's most-innovative countries, the report said. Each year, the Global Innovation Index surveys some 130 economies using dozens of metrics, from patent filings to education spending, providing decision makers a high-level look at the innovative activity that increasingly drives economic and social growth.

Source: VOV5