ITIF and Kauffman Foundation Release Global Innovation Policy Index
The Information Technology and Innovation Foundation (ITIF), a Washington, D.C.-based think tank, and the Ewing Marion Kauffman Foundation released today the Global Innovation Policy Index, a comprehensive assessment of countries’ innovation policies (download it here).
The index benchmarks the effectiveness of the innovation policies of 55 countries – including virtually all EU, OECD, APEC and BRIC economies – and provides a framework for making effective policies. It assesses the countries against 84 indicators grouped across seven core innovation policy areas:
1) trade and foreign direct investment;
2) science and R&D;
3) domestic market competition;
4) intellectual property rights;
5) information technology;
6) government procurement; and
7) high-skill immigration.
The report ranks countries as either upper tier, upper-mid tier, lower-mid tier or lower tier on each of the seven policy areas and overall. Only Canada and Singapore rank in the upper tier on all seven innovation policy indicators while the United States excels in all categories except high-skill immigration.