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Switzerland tops 2016 global innovation index www.nhk.or.jp
A UN organization has placed Switzerland at the top of its list of the most innovative countries. Japan came sixteenth.
The World Intellectual Property Organization, or WIPO, ranks the innovation performance of countries and territories every year based on the number of patents and other indicators.
This year's ranking was released by the United Nations Office at Geneva on Monday.
Switzerland topped the list for the 6th consecutive year. WIPO said a number of new products and services created through innovation have led to the country's economic growth.
Sweden came second, and Britain third. Singapore was ranked sixth, the highest among Asian countries.
Japan came in 16th place. WIPO officials said that Japan, despite boasting a high level of research and development quality and holding many patents, failed to create new products and services.
China climbed to 25th place, a record for the country.
The officials said creating new services by combining multiple technologies is more likely to result in economic growth than by developing totally new ones.
Published Date:2016-08-16
