According to the findings of the World Intellectual Property Organization’s (WIPO) latest Global Innovation Index, (GII) governments and enterprises in many parts of the world scaled up investments in innovation, demonstrating an acknowledgement that new ideas are critical for overcoming the pandemic.
“We expected a harsh slump in 2020 of around 3 per cent, however, the GII shows there are reasons to be optimistic… with governments showing foresight and not cutting spending,” Sacha Wunsch-Vincent, WIPO Composite Indicator Research Section and GII co-editor, said at the launch of the report in Geneva.
Image: ADB/Tengo Giorbelidze A research scientist in Georgia works on COVID-19-related experiments.
