Ovidius University Annals: Economic Sciences Series (Feb 2024)
Innovation at the Global Level: An Analysis of the Global Innovation Index in the Period 2021-2023
Abstract
The last decades have seen an increase in entrepreneurial development based on innovation. Having access to innovation and setting up a business in a country that can serve as an innovationenabler can increase the degree of attractiveness of that respective country. Governments around the world have adopted innovation-centered views and implemented relevant policies to serve as a driver for reaching high competitiveness and to ensure a more rapid economic and, implicitly, social progress. The aim of the paper is to present the top ten countries in the world in their evolution specific to the Global Innovation Index (GII) for the 2021-2023 period. The research methodology is based on a qualitative method. The paper shows that the top ten ranked countries in the world using this specific index remained the same for the investigated period, also maintaining a fairly constant relative position for the three years subject to analysis, Switzerland being the acknowledged leader.