Brazil went from position 57 (in 2021) to 54 (2022) in the Ranking of the Global Innovation Index (GII), released by the World Intellectual Property Organization (WIPO), a reference study in the evaluation of the theme. Even in the face of local difficulties, Brazil occupies the 9th place among the 36 upper-middle-income groups and 2nd place among the 18 economies that form Latin and Caribbean America, behind only Chile.
According to the WIPO report, Brazil is performing better than the expectation in the relationship between innovation and per capita income. Among the seven pillars to calculate the global innovation index, Brazil stands out in six compared to Latin and Caribbean America and the group of countries with high and medium income. Only a pillar (institutions), Brazil is below average.
The seven pillars are: (1) human capital and research, (2) infrastructure, (3) market sophistication, (4) business sophistication, (5) technology knowledge and products, (6) creative results and products, and (7) Institutions. The best position in Brazil is business sophistication (35 in the global ranking) and the lowest position in the index is in institutions (102).
In order to classify the economies of 132 countries, about eighty indicators divided into two divisions are used: the innovation inputs that are responsible for evaluating the economic elements that enable and facilitate the development of innovative activities; and the innovation outputs capture the effective result of innovative activities within the economy. In the innovation outputs, Brazil climbed 6 positions (from 59 in 2021 to 53 in 2022) and in the innovation inputs, the country maintained the position of the previous year (58).
To see all the statistics of Brazil in GII, click here:
Despite the rise compared to the year 2021, from 57th to 54th place, Brazil follows seven positions behind the year 2011, when it was 47th place. Even with economic difficulties and the reduction of public investments, the result demonstrates the effort and dedication of Brazilian companies and that the country is a good place to invest and work with innovation.
The GII report points out that São Paulo is one of the nine science and technology clusters in the world of average-income economies outside China (the others are in India, Turkey, Iran, and Russia). In addition, the WIPO index highlights Rio de Janeiro and Porto Alegre as urban areas with technological potential in Latin America.
The Global Innovation Index 2022 list:
1. Switzerland
2. United States of America
3. Sweden
4. United Kingdom
5. Nederlands
6. South Korea
7. Singapore
8. Germany
9. Finland
10. Denmark
11. China
54. Brazil