Shalom Life | August 22, 2014

Israel Ranked 14 in 2011 Global Innovation Index

Israel gains 9 spots over last year’s position.

By: David Shear

Published: June 30th, 2011 in Business » World

Israel Ranked 14 in 2011 Global Innovation Index
The results for the fourth edition of The Global Innovation Index (GII) 2011 have just been published and Israel is ranked number 14, a significant improvement over its number 23 position last year.

The GII recognizes the key role of innovation as a driver of economic growth and prosperity. Launched in 2007 by INSEAD eLab, the GII has become an important tool in benchmarking continued progress in countries. The GII provides advanced metrics and approaches to better capture the richness of innovation in society and go beyond traditional measurers.

With a population of 7.3 million, Israel is ranked number 96 in global population.

The top 3 ranked countries in the Index are Switzerland, Sweden and Singapore. The United States is ranked 7 with Canada below them at 8.

The only other Middle Eastern country in the top 30 is Qatar at 26.

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