PH up five places in global innovation rankings

Kim Arveen Patria
Kim Arveen Patria
Yahoo! Southeast Asia Newsroom
PH up five places in global innovation rankings

Pinoy creativity is slowly gaining ground, and has in fact pushed the Philippines up a global ranking of countries.

The Philippines ranked 90th out of 142 in the World Intellectual Property Organization’s “Global Innovation Index 2013.”

Though still at the bottom half of the rankings, the country inched up from ranking 95th out of 141 last year.

It got a score of 31.2 of 100 points in the report, which WIPO said gauges “innovation capabilities and measurable results.”

Of the three factors observed in the report, the Philippines performed best in terms of innovation efficiency, ranking 24th globally.

It meanwhile ranked 77th in terms of innovation output, a performance it failed to match in terms of input, where it ranked 108th.

The country’s strengths, the report noted, included its number of graduates in science and technology courses, efficient use of energy and environmental performance.

The Philippines, however, remained the country with the second worst innovation performance in Southeast Asia.

Cambodia, at 110th, was the only country in the sub-region ranked lower than the Philippines in the list.

Singapore led Southeast Asia in terms of innovativeness, ranking 8th globally, followed by Malaysia (32nd), Thailand (57th), Brunei (7th), Vietnam, (76th) and Indonesia (85th).

Switzerland remained the most innovative country this year. It was followed by Sweden, the U.K., the Netherlands, the U.S.

At the bottom of the global innovation list, meanwhile, were Yemen, Sudan, Madagascar, Togo and Algeria.