UNU-MERIT Senior Researcher Hugo Hollanders has contributed a chapter to the 2013 edition of the Global Innovation Index (GII) report. A joint publication by Cornell University, INSEAD and World Intellectual Property Organization (WIPO), the GII report provides an international benchmark for innovation performance.
The GII recognizes the key role of innovation as a driver of economic growth and prosperity. It acknowledges the need for a broad horizontal vision of innovation that is applicable to both developed and emerging economies through the inclusion of indicators that go beyond traditional measures of innovation.
The theme of the 2013 report is “The Local Dynamics of Innovation”, reflecting the importance of local hubs and geographic concentrations of universities, companies and institutions in fostering innovation. The GII 2013 report provides key factors that lead to the excellence of innovation hubs.
As well as publishing new research on innovation and innovation measurement, the report ranks the innovation performance of 142 countries, with Switzerland, Sweden and the United Kingdom making this year’s top three.
Hugo Hollanders’ chapter, “Measuring Regional Innovation: A European Perspective”, stresses the importance of measuring innovation on a regional level as well as at the country level. He argues that regional areas are increasingly becoming important engines of economic development. Innovation policy in Europe, for example, is increasingly designed and implemented at the regional level. However, there is a lack of data required to measure regional innovation, as current statistical measures within the European Union only capture limited information.
In his chapter, Hollanders proposes that adding a regional element to measurement could enhance the GII model. He cautions, however, that more work needs to be done to determine appropriate guidelines to implement a regional measurement.
See ”Global Innovation Index 2013 report” on the UNU-MERIT for links to related items.