The global innovation index has been published annually since 2007.Global innovation index in 2018 to include intellectual property ShenBaoLv, mobile application development, expenditure on education and science and technology publications, 80 indicators for analysis basis, is a quantitative assessment of 126 economies.
Francis gurry, director-general of the world intellectual property organization, said China's entry into the top 20 in global innovation marked the arrival of a multi-polar pattern of innovation.
Emerging economies have moved up the rankings
According to the report, the top 10 countries are all developed countries, with Switzerland holding the top spot, followed by the Netherlands, Sweden, the UK, Singapore,
The United States, Finland, Denmark, Germany and Ireland.
While the United States still ranks first in core innovation input and output, it ranks second in the number of researchers, patents and scientific publications, behind China.
Switzerland, Luxembourg and China are among the top three countries in education's ability to turn investment and r&d spending into high-quality innovation.
Japan's Tokyo - yokohama region and China's shenzhen - Hong Kong are the top two technology clusters in the world.
Emerging economies continue to rise in the rankings, according to the report.Cornell university graduate school of business professor sumit la dutta, said a number of emerging economies are tangible impact on the world's innovation pattern and change, in addition to China has entered the top 20, Malaysia, India, Iran, Mexico and other countries are rising.
China has made breakthroughs
China ranks 17th, up five places from 22 in 2017.As a rapidly changing economy, China has made breakthroughs in innovation, according to the report.China's entry into the top 20 has set an example for middle-income economies.
Francis said cell, the pace of China's ranking ascension reflects its leadership set a strategic direction, namely the development of world class innovation ability and the economic structure transformation to knowledge intensive industry, these industries depend more on innovation to maintain competitiveness.This, he argues, marks the beginning of innovation's multipolarity.