Technology
Ranked: The Most Innovative Countries in 2023
The Most Innovative Countries in the World in 2023
Which countries are the global innovation powerhouses?
In many ways, the past year has represented an inflection point in technological advancement. Almost overnight, OpenAI’s large language model ChatGPT became a household name and AI was within reach to the masses.
Yet looking under the surface, innovation is influenced by several unseen factors, from the institutional environment and high-tech exports to research talent and entrepreneurship culture.
This graphic shows the most innovative countries in the world, based on the 2023 Global Innovation Index (GII) put together by the World Intellectual Property Organization.
How is Innovation Measured?
The GII framework uses seven pillars and 80 indicators to assess a country’s innovative strength:
Innovation Pillar | Example Indicators |
---|---|
👨💻 Knowledge & Tech Outputs | Patent applications, Hi-tech manufacturing |
👩🏫 Human Capital & Research | Researchers per million population, Global corporate R&D investors |
🧳 Business Sophistication | Knowledge-intensive employment, University-industry R&D collaboration |
📈 Market Sophistication | Finance for startups, Venture capital received |
💡 Creative Outputs | Trademark applications, Global brand value |
🛣️ Infrastructure | Environmental performance, Information and communication technology access |
🏛️ Institutions | Regulatory quality, Policies for doing business |
Together, the sum of these pillars produces an overall score for each country.
Most Innovative Countries in 2023
For the 13th consecutive year, Switzerland was named the world’s most innovative country.
Among the key factors underscoring its rank are its policies for doing business and its scale of patent applications. Its world-class research institutions and skilled workforce are also key ingredients in fostering innovation.
Below, we show the most innovative countries in 2023 across 132 economies:
Rank | Country | Score |
---|---|---|
1 | 🇨🇭 Switzerland | 67.6 |
2 | 🇸🇪 Sweden | 64.2 |
3 | 🇺🇸 U.S. | 63.5 |
4 | 🇬🇧 UK | 62.4 |
5 | 🇸🇬 Singapore | 61.5 |
6 | 🇫🇮 Finland | 61.2 |
7 | 🇳🇱 Netherlands | 60.4 |
8 | 🇩🇪 Germany | 58.8 |
9 | 🇩🇰 Denmark | 58.7 |
10 | 🇰🇷 South Korea | 58.6 |
11 | 🇫🇷 France | 56.0 |
12 | 🇨🇳 China | 55.3 |
13 | 🇯🇵 Japan | 54.6 |
14 | 🇮🇱 Israel | 54.3 |
15 | 🇨🇦 Canada | 53.8 |
16 | 🇪🇪 Estonia | 53.4 |
17 | 🇭🇰 Hong Kong SAR | 53.3 |
18 | 🇦🇹 Austria | 53.2 |
19 | 🇳🇴 Norway | 50.7 |
20 | 🇮🇸 Iceland | 50.7 |
21 | 🇱🇺 Luxembourg | 50.6 |
22 | 🇮🇪 Ireland | 50.4 |
23 | 🇧🇪 Belgium | 49.9 |
24 | 🇦🇺 Australia | 49.7 |
25 | 🇲🇹 Malta | 49.1 |
26 | 🇮🇹 Italy | 46.6 |
27 | 🇳🇿 New Zealand | 46.6 |
28 | 🇨🇾 Cyprus | 46.3 |
29 | 🇪🇸 Spain | 45.9 |
30 | 🇵🇹 Portugal | 44.9 |
31 | 🇨🇿 Czech Republic | 44.8 |
32 | 🇦🇪 UAE | 43.2 |
33 | 🇸🇮 Slovenia | 42.2 |
34 | 🇱🇹 Lithuania | 42.0 |
35 | 🇭🇺 Hungary | 41.3 |
36 | 🇲🇾 Malaysia | 40.9 |
37 | 🇱🇻 Latvia | 39.7 |
38 | 🇧🇬 Bulgaria | 39.0 |
39 | 🇹🇷 Türkiye | 38.6 |
40 | 🇮🇳 India | 38.1 |
41 | 🇵🇱 Poland | 37.7 |
42 | 🇬🇷 Greece | 37.5 |
43 | 🇹🇭 Thailand | 37.1 |
44 | 🇭🇷 Croatia | 37.1 |
45 | 🇸🇰 Slovakia | 36.2 |
46 | 🇻🇳 Vietnam | 36.0 |
47 | 🇷🇴 Romania | 34.7 |
48 | 🇸🇦 Saudi Arabia | 34.5 |
49 | 🇧🇷 Brazil | 33.6 |
50 | 🇶🇦 Qatar | 33.4 |
51 | 🇷🇺 Russia | 33.3 |
52 | 🇨🇱 Chile | 33.3 |
53 | 🇷🇸 Serbia | 33.1 |
54 | 🇲🇰 North Macedonia | 33.0 |
55 | 🇺🇦 Ukraine | 32.8 |
56 | 🇵🇭 Philippines | 32.2 |
57 | 🇲🇺 Mauritius | 32.1 |
58 | 🇲🇽 Mexico | 31.0 |
59 | 🇿🇦 South Africa | 30.4 |
60 | 🇲🇩 Moldova | 30.3 |
61 | 🇮🇩 Indonesia | 30.3 |
62 | 🇮🇷 Iran | 30.1 |
63 | 🇺🇾 Uruguay | 30.0 |
64 | 🇰🇼 Kuwait | 29.9 |
65 | 🇬🇪 Georgia | 29.9 |
66 | 🇨🇴 Colombia | 29.4 |
67 | 🇧🇭 Bahrain | 29.1 |
68 | 🇲🇳 Mongolia | 28.8 |
69 | 🇴🇲 Oman | 28.4 |
70 | 🇲🇦 Morocco | 28.4 |
71 | 🇯🇴 Jordan | 28.2 |
72 | 🇦🇲 Armenia | 28.0 |
73 | 🇦🇷 Argentina | 28.0 |
74 | 🇨🇷 Costa Rica | 27.9 |
75 | 🇲🇪 Montenegro | 27.8 |
76 | 🇵🇪 Peru | 27.7 |
77 | 🇧🇦 Bosnia and Herzegovina | 27.1 |
78 | 🇯🇲 Jamaica | 27.1 |
79 | 🇹🇳 Tunisia | 26.9 |
80 | 🇧🇾 Belarus | 26.8 |
81 | 🇰🇿 Kazakhstan | 26.7 |
82 | 🇺🇿 Uzbekistan | 26.2 |
83 | 🇦🇱 Albania | 25.4 |
84 | 🇵🇦 Panama | 25.3 |
85 | 🇧🇼 Botswana | 24.6 |
86 | 🇪🇬 Egypt | 24.2 |
87 | 🇧🇳 Brunei | 23.5 |
88 | 🇵🇰 Pakistan | 23.3 |
89 | 🇦🇿 Azerbaijan | 23.3 |
90 | 🇱🇰 Sri Lanka | 23.3 |
91 | 🇨🇻 Cabo Verde | 23.3 |
92 | 🇱🇧 Lebanon | 23.2 |
93 | 🇸🇳 Senegal | 22.5 |
94 | 🇩🇴 Dominican Republic | 22.4 |
95 | 🇸🇻 El Salvador | 21.8 |
96 | 🇳🇦 Namibia | 21.8 |
97 | 🇧🇴 Bolivia | 21.4 |
98 | 🇵🇾 Paraguay | 21.4 |
99 | 🇬🇭 Ghana | 21.3 |
100 | 🇰🇪 Kenya | 21.2 |
101 | 🇰🇭 Cambodia | 20.8 |
102 | 🇹🇹 Trinidad and Tobago | 20.7 |
103 | 🇷🇼 Rwanda | 20.6 |
104 | 🇪🇨 Ecuador | 20.5 |
105 | 🇧🇩 Bangladesh | 20.2 |
106 | 🇰🇬 Kyrgyzstan | 20.2 |
107 | 🇲🇬 Madagascar | 19.1 |
108 | 🇳🇵 Nepal | 18.8 |
109 | 🇳🇬 Nigeria | 18.4 |
110 | 🇱🇦 Laos | 18.3 |
111 | 🇹🇯 Tajikistan | 18.3 |
112 | 🇨🇮 Côte d’Ivoire | 18.2 |
113 | 🇹🇿 Tanzania | 17.4 |
114 | 🇹🇬 Togo | 16.9 |
115 | 🇳🇮 Nicaragua | 16.9 |
116 | 🇭🇳 Honduras | 16.7 |
117 | 🇿🇼 Zimbabwe | 16.5 |
118 | 🇿🇲 Zambia | 16.4 |
119 | 🇩🇿 Algeria | 16.1 |
120 | 🇧🇯 Benin | 16.0 |
121 | 🇺🇬 Uganda | 16.0 |
122 | 🇬🇹 Guatemala | 15.8 |
123 | 🇨🇲 Cameroon | 15.3 |
124 | 🇧🇫 Burkina Faso | 14.5 |
125 | 🇪🇹 Ethiopia | 14.3 |
126 | 🇲🇿 Mozambique | 13.6 |
127 | 🇲🇷 Mauritania | 13.5 |
128 | 🇬🇳 Guinea | 13.3 |
129 | 🇲🇱 Mali | 12.9 |
130 | 🇧🇮 Burundi | 12.5 |
131 | 🇳🇪 Niger | 12.4 |
132 | 🇦🇴 Angola | 10.3 |
For full methodology notes on which economies are included in the report, see the bottom of the article.
Sweden ranked second, rising above the U.S. this year. The country excelled in business sophistication, knowledge-intensive employment, and researchers per capita.
While the U.S. ranked third overall, it saw the highest scores in venture capital received, global corporate research and development (R&D) investors, and total unicorn value. Of the 1,206 global unicorns as of April 2023, the U.S. was home to 54% of the total.
At fifth overall, Singapore ranked the highest in Asia. As both a financial hub and global innovator, Singapore ranked strongly on government effectiveness, venture capital received, and stability for business. It has the highest venture funding per capita in the world.
Brazil (49th) ranked highest in Latin America, while Mauritius (57th) was the top-ranking country in Sub-Saharan Africa.
Top 25 Science & Technology Clusters
Here are the top science and technology (S&T) clusters per capita, based on the density of scientific authors and inventors in a geographic location:
2023 Ranking | Cluster | Economy | Top Applicant | Top Scientific Organization |
---|---|---|---|---|
1 | Cambridge | 🇬🇧 UK | ARM | Cambridge University |
2 | San Jose– San Francisco | 🇺🇸 U.S. | Stanford University | |
3 | Oxford | 🇬🇧 UK | Oxford University | Oxford University |
4 | Eindhoven | 🇳🇱 Netherlands | Philips Electronics | Eindhoven University of Technology |
5 | Boston– Cambridge | 🇺🇸 U.S. | MIT | MIT |
6 | Daejeon | 🇰🇷 South Korea | LG Chem | KAIST |
7 | Ann Arbor | 🇺🇸 U.S. | University of Michigan | University of Michigan |
8 | San Diego | 🇺🇸 U.S. | Qualcomm | University of California San Diego |
9 | Seattle | 🇺🇸 U.S. | Microsoft | University of Washington Seattle |
10 | Munich | 🇩🇪 Germany | BMW | Technical University of Munich |
11 | Kanazawa | 🇯🇵 Japan | Fujitsu | Kanazawa University |
12 | Raleigh | 🇺🇸 U.S. | Duke University | Duke University |
13 | Göteborg | 🇸🇪 Sweden | LM Ericsson | University of Gothenburg |
14 | Beijing | 🇨🇳 China | BOE Technology | Tsinghua University |
15 | Stockholm | 🇸🇪 Sweden | LM Ericsson | Karolinska Institutet |
16 | Helsinki | 🇫🇮 Finland | Nokia | University of Helsinki |
17 | Zürich | 🇨🇭 Switzerland | ETH Zürich | ETH Zürich |
18 | Tokyo–Yokohama | 🇯🇵 Japan | Mitsubishi Electric | University of Tokyo |
19 | Basel | 🇨🇭 Switzerland, Denmark, France | DSM IP Assets | University of Basel |
20 | Copenhagen | 🇩🇰 Denmark | Novo Nordisk | University of Copenhagen |
21 | Nuremberg–Erlangen | 🇩🇪 Germany | Siemens | University of Erlangen Nuremberg |
22 | Stuttgart | 🇩🇪 Germany | Robert Bosch | Eberhard Karls University of Tübingen |
23 | Minneapolis | 🇺🇸 U.S. | 3M Innovative Properties | University of Minnesota Twin Cities |
24 | Pittsburgh | 🇺🇸 U.S. | University of Pittsburgh | University of Pittsburgh |
25 | Seoul | 🇰🇷 South Korea | Samsung Electronics | Seoul National University |
As the top S&T cluster by intensity, Cambridge produced 37,000 articles per million people. Its top applicant, ARM, is a semiconductor company working closely with Cambridge University. Over 130 billion devices globally have used chips based on ARM’s designs.
The San Jose-San Francisco cluster ranked second, with Google as the top applicant. In 2022, the U.S. granted Google’s parent company Alphabet 2,077 patents.
South Korea’s Daejeon cluster is the top in Asia, led by battery maker LG Chem. In 2022, over 49,000 domestic and overseas patents were registered. In fact, both Honda and GM are partnering with LG Chem to build multi-billion dollar battery factories in Ohio over the next few years.
As we can see, many of the world’s most innovative countries have strong clusters that attract tech firms, researchers, and knowledge-intensive workers due to a host of factors that support disruption and tech advancement.
These tech clusters have a powerful effect on creating innovations that extend across multiple sectors of the economy, and the wider global landscape.
Where Does This Data Come From?
Source: World Intellectual Property Organization Global Innovation Index (2023).
Note: The World Intellectual Property Organization (WIPO) is an agency of the United Nations. It includes 190 UN member states, as well as three non-members: the Cook Islands, Holy See, and Niue.
Countries that are not a part of the WIPO include three UN-recognized countries—the Federated States of Micronesia, Palau and South Sudan—as well as other non-members including Taiwan.
Technology
All of the Grants Given by the U.S. CHIPS Act
Intel, TSMC, and more have received billions in subsidies from the U.S. CHIPS Act in 2024.
All of the Grants Given by the U.S. CHIPS Act
This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.
This visualization shows which companies are receiving grants from the U.S. CHIPS Act, as of April 25, 2024. The CHIPS Act is a federal statute signed into law by President Joe Biden that authorizes $280 billion in new funding to boost domestic research and manufacturing of semiconductors.
The grant amounts visualized in this graphic are intended to accelerate the production of semiconductor fabrication plants (fabs) across the United States.
Data and Company Highlights
The figures we used to create this graphic were collected from a variety of public news sources. The Semiconductor Industry Association (SIA) also maintains a tracker for CHIPS Act recipients, though at the time of writing it does not have the latest details for Micron.
Company | Federal Grant Amount | Anticipated Investment From Company |
---|---|---|
🇺🇸 Intel | $8,500,000,000 | $100,000,000,000 |
🇹🇼 TSMC | $6,600,000,000 | $65,000,000,000 |
🇰🇷 Samsung | $6,400,000,000 | $45,000,000,000 |
🇺🇸 Micron | $6,100,000,000 | $50,000,000,000 |
🇺🇸 GlobalFoundries | $1,500,000,000 | $12,000,000,000 |
🇺🇸 Microchip | $162,000,000 | N/A |
🇬🇧 BAE Systems | $35,000,000 | N/A |
BAE Systems was not included in the graphic due to size limitations
Intel’s Massive Plans
Intel is receiving the largest share of the pie, with $8.5 billion in grants (plus an additional $11 billion in government loans). This grant accounts for 22% of the CHIPS Act’s total subsidies for chip production.
From Intel’s side, the company is expected to invest $100 billion to construct new fabs in Arizona and Ohio, while modernizing and/or expanding existing fabs in Oregon and New Mexico. Intel could also claim another $25 billion in credits through the U.S. Treasury Department’s Investment Tax Credit.
TSMC Expands its U.S. Presence
TSMC, the world’s largest semiconductor foundry company, is receiving a hefty $6.6 billion to construct a new chip plant with three fabs in Arizona. The Taiwanese chipmaker is expected to invest $65 billion into the project.
The plant’s first fab will be up and running in the first half of 2025, leveraging 4 nm (nanometer) technology. According to TrendForce, the other fabs will produce chips on more advanced 3 nm and 2 nm processes.
The Latest Grant Goes to Micron
Micron, the only U.S.-based manufacturer of memory chips, is set to receive $6.1 billion in grants to support its plans of investing $50 billion through 2030. This investment will be used to construct new fabs in Idaho and New York.
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