The 2019 Bloomberg Innovation Index advanced Israel from 10th place last year to 5th place this year as a result of better patent registration, outpacing the US, China, the UK and Japan.
By ILANIT CHERNICK
Israel has been named as the fifth most innovative economy in the world, according to the 2019 Bloomberg Innovation Index.
Last year, Israel was ranked in 10th place but this year jumped to fifth place as a result of better patent registration, which has played a large part in its improvement in the rankings.
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Israel continues to lead the UN’s Global Innovation Index in North Africa and Western Asia category for 7th consecutive yea, ranking 17th overall in the high-income countries group.
• Ranking reflects results in human capital & research, market & business sophistication, and of course, technology production.
By Yair Altman and Israel Hayom Staff
Israel continues to cement its status as a leader of global innovation, the U.N.’s Global Innovation Index for 2017 has found.
The Global Innovation Index surveys 130 economies, gauging standards from patent filings to education spending, with aim of providing policy makers with a comprehensive view of innovative activity that increasingly drives economic and social growth. Continue Reading »