Yerevan /Mediamax/. Armenia took the 69th position in the Global Innovation Index which is worked out by INSEAD European business school and World Intellectual Property Organization (WIPO).
Mediamax reports quoting ITAR-TASS that situation in 141 countries is analyzed in the report published in Geneva today.
The leaders of the rating are Switzerland, Sweden and Singapore for the second year in a row. Finland, Great Britain, Netherlands, Denmark, Hong Kong, Ireland and U.S. are also among the top 10.
The index calculation is based on two components: on the one hand, it considers the country’s expenses on innovations and on the other hand - practical results of the innovative activities. Overall, about 80 criteria are considered.
Georgia is the 71st, Azerbaijan is the 89th and Russia ranks the 51st.
12:37 | 03.07.12 |
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