The Global Innovation Index 2015
Effective Innovation Policies for Development
We are pleased to present the 2015 Global Innovation Index (GII) with this year’s theme of ‘Effective Innovation Policies for Development’. Innovation-driven growth is no longer the prerogative of high-income countries alone. Developing countries increasingly design policies intended to increase their innovation capacity. Innovation policies have taken different forms, depending on countries’ perceived needs; their impact has also varied across countries at similar levels of development. Certain developing countries have managed to continually improve their innovation inputs and outputs. Others still struggle.
Technology: Reshaping the global economy
Digital technology is transforming the economy and society
- The three C’s − connectivity, zero copying cost and exploding computer power (potentially rising 32 times by 2025) − are driving digital technologies forward.
- In the next few years mobile, the cloud, big data, the ‘Internet of things’ and drones will lead. AI systems, 3D printing, robots and driverless cars are close behind.
- Innovation is likely accelerating due to rapidly expanding research in emerging markets and more focus and better processes for innovating, including financing; digital technology itself is speeding up invention and adoption.
- Digital technology is changing what, how and where we produce; the infrastructure, law and regulations needed; and the nature of work and leisure.