Glossary of terms
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International innovation index methodology
- Innovation index methodology
- Criteria and process used by areppim's source (INSEAD and WIPO - World Intellectual Property Organization, in collaboration with Alcatel-Lucent, Booz and Company, Confederation of Indian Industry and the Joint Research
Centre of the European Commission ) for computing the innovation index:
- The Global Innovation Index (GII) rests upon two sub-indices, the Innovation Input Sub-Index and the Innovation Output Sub-Index, each built around pillars.
- Innovation Input Sub-Index : Five input pillars capture elements of the national economy that enable innovative activities :
- Institutions (3 sub-pillars : Political environment, Regulatory environment, Business environment)
- Human capital and research (3 sub-pillars : Education, Tertiary education, Research and development)
- Infrastructure (3 sub-pillars : ICT, Energy, General infrastructure)
- Market sophistication (3 sub-pillars : Credit, Investment, Trade and competition)
- Business sophistication (3 sub-pillars : Knowledge workers, Innovation linkages, Knowledge absorption)
- Innovation Output Sub-Index : Two output pillars capture actual evidence of innovation outputs :
- Scientific outputs (3 sub-pillars : Knowledge creation, Knowledge impact, Knowledge diffusion)
- Creative outputs (2 sub-pillars : Creative intangibles, Creative goods and services outputs)
- Each pillar is divided into sub-pillars and each sub-pillar is composed of individual indicators.
- The Innovation Input Sub-Index is the simple average of the first five pillar scores.
- Score computation :
- The Innovation Output Sub-Index is the simple average of the last two pillar scores.
- The overall GII is the simple average of the Input and Output Sub-Indices.
- The Innovation Efficiency Index is the ratio of the Output Sub-Index over the Input Sub-Index.
- The areppim's 2009 innovation charts were based on the Boston Consulting Group/US National Association of Manufacturers - Manufacturing Institute (BCG/NAM) International Innovation Index using data generated through surveys and interviews. Only the 2009 index has been published.
- The BCG/NAM Index is based on two major blocks:
- Innovation Inputs : measured by fiscal policies, other policies, and innovation environment.
- Innovation Performance : measured by R&D results, business performance, and public impact of innovation.
- (INSEAD - The Global Innovation Index [http://www.globalinnovationindex.org/gii/].)
- (MI - Manufacturing Institute [http://www.nam.org/~/media/AboutUs/ManufacturingInstitute/innovationreport.ashx].)