We need a revolution…
Nigeria was placed in the 110th position out of the 143 countries polled in the Global Innovation Index report released in Sydney, Australia yesterday. Switzerland, the United Kingdom and Sweden topped this year’s Global Innovation Index in annual rankings published by Cornell University, INSEAD and the World Intellectual Property Organization.
No African country made the first 39 spot in the ranking while Mauritius, which tops the African countries in the ranking, came a distant 40th position, followed by South Africa at 53 and Tunisa at the 78th position. Sudan, on the other hand, took the rear at 143 while Togo and Guinea ranked 142nd and 139th respectively.
The GII 2014 surveys 143 economies around the world, using 81 indicators–to gauge both their innovation capabilities and measurable results, Vanguard reports.
Amid a newly documented slowdown in the growth of global research and development, the theme of the Global Innovation Index (GII) 2014 is “The Human Factor in Innovation,” exploring the role of human capital in the innovation process and underlining the growing interest that firms and governments have shown in identifying and energizing creative individuals and teams.