Innovation is one of the most important characteristics of successful countries. The World Intellectual Property Organization (WIPO) compiles a global innovation ranking based on factors such as the number of patent applications, the number of researchers as a proportion of the country’s population, funding for startups, regulatory quality, and the ease of doing business. Which country ranks first on the list?
ANSWER
Switzerland. This European country has a score of 67.6, followed by Sweden (64.2) and the United States (63.5%). In Latin America, Brazil ranks first with a score of 33.6. You can view the ranking results in this infographic from Visual Capitalist.