Top 10 Most Innovative Countries in the World 2023: Switzerland Remains at the Top for 13 Years

The World Intellectual Property Organization (WIPO) has again assessed the innovation levels of several countries worldwide in 2023. Out of 132 countries assessed, Switzerland ranked first with a score of 67.6 points out of 100.

WIPO stated that Switzerland has held the top spot for 13 consecutive years.

"This country is a global leader in innovation outputs, ranking first for knowledge and technology, as well as creative outputs," wrote the research team in the *Global Innovation Index (GII) 2023* report.

Sweden took second place with a score of 64.2 points. WIPO noted that Sweden has overtaken the United States, which held second place in 2022.

Sweden, according to the research team, leads in business sophistication (ranked first), infrastructure (ranked second), and human resources and research (ranked third).

"This country holds the top position for researchers (ranked first) and knowledge-intensive jobs (ranked third)," wrote the research team.

The United States received a score of 63.5 points and ranked third. WIPO mentioned that the US dominates 13 out of 80 GII 2023 innovation indicators.

"The United States is number one in the world in indicators encompassing global corporate R&D investors, venture capital received, university quality, combined valuation of its unicorn companies, software spending, and the value of corporate intangible asset intensity," said the research team.

The United Kingdom and Singapore filled the fourth and fifth positions, respectively, with scores of 62.4 and 61.5 points. Singapore is the only Asian country in this top 5.

Unfortunately, Indonesia did not make the top 10 list, scoring only 30.3 points and ranking 61st globally.

However, WIPO noted that Indonesia is among China, Turkey, India, the Islamic Republic of Iran, and Vietnam as the most impressive innovation "climbers" in the last decade.

The GII ranking is assessed from two sub-indices: the innovation input sub-index and the innovation output sub-index. These two major sub-indices are further broken down into 5 input pillars and 2 output pillars, forming 80 assessment indicators.

The criteria assessed include human resources and research infrastructure; market and business sophistication; technology and knowledge outputs; and creative outputs.