The Global Innovation Index 2016 ranks Sweden as the second most innovative country in the world. Switzerland tops the list. Sweden is moving up one place from last year and remaining the top Nordic innovation economy. With improved rankings in 11 of the 21 sub-pillars this year, Sweden contiunues to rank among the top 25 economies in all sub-pillars. Overall, Sweden shows top 10 rankings in all pillars with the exceptions of Institutions.
The Global Innovation Index ranks the innovation performance of 128 countries and economies around the world, based on 82 indicators. This edition explores the impact of innovation-oriented policies on economic growth and development. High-income and developing countries alike are seeking innovation-driven growth through different strategies. Some countries are successfully improving their innovation capacity, while others still struggle.Source: WIPO, World Intellectual Property Organization