Brazil has gained a better position in the world ranking of innovation organized by the World Intellectual Property Organization (WIPO) in partnership with Cornell University and the Insead business school. The country ranks 64th out of 126 listed economies.  Compared to the 18 Latin American and Caribbean economies, Brazil appears in the sixth position. Switzerland is the leader in the ranking, followed by Netherlands, Sweden, United Kingdom, Singapore, the USA, Finland, Denmark Germany and Ireland.

According to the publication, the Brazilian raise, which went from the 69th position to the current 64th, was due to an increase in research and development expenses, high technology imports and exports and the quality of national scientific information. In this topic, the study emphasized the materials published by the University of São Paulo (USP), Campinas (Unicamp) and also the Federal University of Rio de Janeiro (UFRJ).

Methodology

The Global Innovation Index (GII) ranks 126 economies and classify based on 80 indicators, from patent fees to the development of smartphone applications, education spending, and scientific and technical publications.

You can read the official publication at the WIPO’s website here