ArmInfo.Armenia has improved its position in the Global Innovation Index 2019 by four points. The press service of the RA Ministry of Economy reports.
According to the source, the republic is on the 64th line of the rating, which is 4 positions better than the previous year. In addition, from 34 high-income countries of Armenia were on the 15th position, while in 2018 the republic was included in the list of middle-income countries. Compared to the previous year, the progress of the country in such positions as "human capital and investigations>," Institutes "," Infrastructure "," Streamlining the market "," production of knowledge and technologies "is registered. Positive trends in such areas as" Ease of starting a business, "ICT access level", , , , and others.
The Global Innovation Index report in 2019 has a clear thematic focus on health innovation and analyzes the innovation environment in health care, considering the role of technological and non-technological innovations in medical services.
This year, the top three are Switzerland, Sweden and the United States.
Annual reports on the global innovation index have been compiled and published since 2007 through the joint efforts of the World Intellectual Property Organization (WIPO), Cornell University and the International Business School INSEAD. The index describes the innovative potential and indicators of the economies of 130 countries of the world, using a specially developed methodology for ranking countries based on 80 qualitative and quantitative indicators. The data is collected and analyzed on the basis of reports published by international organizations and institutions, government statistics, information from the private sector and sociological surveys.