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Hungary Ranked 33th In Global Innovation Index

Robert Velkey 2016.08.18.

Hungary has improved its position in the global innovation index compiled by the United Nation’s World Intellectual Property Organization (WIPO), ranking in 33rd, up two places.

The World Intellectual Property Organization (WIPO) is the global forum for intellectual property policy, services, information and cooperation. A specialized agency of the United Nations, WIPO assists its 189 member states in developing a balanced international IP legal framework to meet society’s evolving needs. According to the results of WIPO’s research Hungary stepped forward in the global innovation index table.

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Among Visegrad countries only the Czech Republic in 27th place beat Hungary in the 2016 index of 128 countries.

Hungary has increased its points in the last year as Hungary’s overall score was 44.7 this year as against 43 last year. WIPO assesses indicators such as the political, regulatory and business environment, human resources, education and infrastructure.

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For the sixth time in a row, Switzerland remained at the top of the list, followed by Sweden, the UK, the US, Finland and Singapore. Yemen was considered the least innovative country this year.

via: hungarymatters.hu; wipo.int

photos: wipo.int; schoolofthinking.org