The Global Innovation Index and Introduction to WIPO

The Global Innovation Index and Introduction to WIPO Services Related to IP Issues in the University Setting Sofia, November 25 and 26, 2015 Mr. Evgeniy Sesitsky, Department for Transition and Developed Countries, World Intellectual Property Organization (WIPO)

– “ Knowledge is increasingly at the center of wealth creation. IP system is one of the indispensable mechanisms for translating knowledge into commercial assets. IPRs create a secure environment for investment in innovation and provide a legal framework for trading intellectual assets. ” Francis Gurry WIPO Director General

WIPO Mission promotion of innovation and creativity for the economic, social and cultural development of all countries through a balanced and effective international IP system

WIPO’s Support Specialized agency of the United Nations 188 Member States (more than 90% of countries in the world) Provide to Member States assistance and advice for the development and implementation of national IP/innovation strategies Develop WIPO studies for countries in transition Organize workshops/trainings on various aspects of IP Provide to Member States assistance and advice for the development of TTO Gather and disseminate IP information and statistics Manage and enhance global IP services WIPO Arbitration and Mediation System

The Global Innovation Index 2015 Effective Innovation Policies for Development 1 Introduction to the Global Innovation Index Main quantitative results of 2 GII 2015 Conclusions and key 3 messages 5

1 Introduction to the Global Innovation Index 2015 § Measures innovation across more than 140 economies § Recognizes innovation as key driver of economic growth § Offers a holistic § Leading reference analysis of on innovation, § A ‘tool for action’ applicable to both for decision makers developed and with the goal of emerging improving economies alike

79 Metrics Create a Tool for Action 7

Collaboration among GII Partners Co-published by Cornell University, INSEAD and WIPO Three Knowledge Partners: Confederation of Indian Industry, du, and A. T. Kearney Independent 3 rove Academy IMP statistical audit by the Joint Research Centre of the European Commission International advisory board 8

Main quantitative results of GII 2 2015 9

Main quantitative results of GII 2 2015 GII Rankings – Top 10 Input Sub-Index 1. 2. 3. 4. Singapore Switzerland Finland Hong Kong (China) 5. USA 6. United Kingdom 7. Sweden 8. Denmark 9. Canada 10. Australia Output Sub. Index 1. Switzerland 2. Luxembourg 3. Netherlands 4. Sweden 5. United Kingdom 6. Iceland 7. Ireland 8. Germany 9. USA 10. Finland GII 1. Switzerlan d 2. United Kingdom 3. Sweden 4. Netherland s 5. USA 6. Finland 7. Singapore 8. Ireland 9. Luxembour 10

§ Rank 39 in 2015 (up from 44 in 2014) Bulgaria § High Efficiency Ratio (Rank 21) § Strengths: Innovation Efficiency Ratio (rank 21); Cost of redundancy dismissal, salary weeks; Ecological sustainability; Ease of protecting investors; GERD financed by abroad; Knowledge impact; New businesses; Domestic resident utility model app. /bn PPP$ GDP; Domestic resident trademark app. /bn PPP$ GDP; Madrid trademark app. holders/bn PPP$

3 Conclusions and key messages 14

AMONG QUALITY § The group THE of top TOP, 25 MATTERS performers, all highincome, remains largely unchanged from past editions § The US and the UK stay ahead of the pack in terms of innovation quality § This is the first year Czech Republic (24 th) joins the Top 25 and

INSTITUTIONS MATTER Institutions have become the most visible differentiator, as new ideas are produced and developed across regions and income groups

BUSINESS SOPHISTICATION Low-income economies that have made efforts on business sophistication have been able to do well, sometimes overtaking some middle-income economies

LESSONS ON INNOVATION POLICIES IMPROVE Ø National innovation policy plans are essential Ø Management and leadership bodies facilitate policy implementation Ø Coordination with other policy strategies is key (IP, education, skills, foreign investment, trade) Ø Understand sector linkages Ø Focus on existing domestic innovation capabilities Ø Effective policy implementation to improve innovation metrics • Framework conditions for innovation RENOVATE • Interest in demandside measures CREATE • A culture of innovation ALIGN • Innovation policies and institutions to reflect and leverage local realities

The Global Innovation Index 2015 Effective Innovation Policies for Development “Innovation holds far-reaching promise for spurring economic growth in countries at all stages of development. However, realizing this promise is not automatic. Each nation must find the right mix of policies to mobilize the innate innovative and creative potential in their economies. ” Francis Gurry WIPO Director General

Thank you for your attention evgeniy. sesitsky@wi Please visit us at: po. int www. wipo. int www. globalinnovationinde x. org Soumitra Dutta Founder and co-editor Cornell University Bruno Lanvin Co-editor INSEAD @GI_Index Sacha Wunsch-Vincent Co-editor 20 WIPO