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With the 2011 edition of The Global Innovation Index (GII), edited by Soumitra Dutta, INSEAD eLab is steering the global debate on innovation to new dimensions where ingenuity and creativity are recognized, and where efficiency matters.

At the core, the GII benchmarks 125 countries/economies by averaging out their innovation conditions (input sub-index) and results (output sub-index), details below. The GII adopts a broad definition of innovation aimed at capturing, among others, outputs in copyright-related industries, as well as emerging markets’ breakthroughs in so-called frugal, reverse, and inclusive innovations. This year, Switzerland, Sweden and Singapore top the ranking, followed by Hong Kong (SAR, China), Finland, Denmark, the US, Canada, the Netherlands and the UK in the Top 10.

To read the full, original article click on this link: INSEAD eLab: The Global Innovation Index 2011: INSEAD eLab leads the global debate on innovation efficiency