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CHAMPION OF THE DAY
Lebanon is ranked sixth regionally in Innovation Index
The country has been ranked sixth regionally in the Global Innovation Index (GII) in 2016, according to the recent report: ‘Innovation policy for inclusive sustainable development in the Arab region’ published by The United Nation’s Economic and Social Commission for Western Asia (ESCWA).
GII measures the status of innovation systems worldwide. It is based on seven main pillars evaluated through a set of 82 separate indicators. Five of the pillars are dedicated to innovation inputs, namely institutions, human capital and research, infrastructure, market sophistication and business sophistication, and two to innovation outputs, namely knowledge and technology, and creative, according to the report.
The country’s global position is 70th.
The report said the GII highlights a nuance whereby four countries – Lebanon, Jordan, Morocco, Tunisia – managed to obtain comparable scores with some GCC countries.
Reported by Derek Issacs
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Jun 30, 2017
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