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DR is most innovative country in the Caribbean

According to the latest edition of the World Intellectual Property Organization’s Global Innovation Index, released on 15 August 2016, the Dominican Republic is the most innovative country in the Caribbean, ranking 76th in the world for innovation of 128 ranked countries.

The Dominican Republic ranked highest in the Caribbean region for market sophistication and business sophistication, and poorest for human capital and research.

The next-highest-ranked Caribbean country is Jamaica, which came in at 89th in the world.

Costa Rica is the top ranked Central American country (45th), followed by Panama (68), Guatemala (97), Honduras (101), El Salvador (104) and Nicaragua (116).

In 2016, China joined the ranks of the world’s 25 most-innovative economies, while Switzerland, Sweden, the United Kingdom, the United States of America, Finland and Singapore lead the 2016 rankings in the Global Innovation Index, published by Cornell University, INSEAD and the World Intellectual Property Organization (WIPO).

The report examined a series of factors impacting innovation, including institutions, human capital and research, infrastructure, market sophistication, business sophistication, knowledge and technology outputs and creative outputs.

Source: DR1

Sep 1, 2016

Category: DR News |

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Last updated October 26, 2016 at 10:54 PM
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