Croatia ranks 43rd out of 133 economies, according to the 17th edition of the global innovation index (GII) presented by the World Intellectual Property Organization (WIPO), reported on Wednesday by the State Intellectual Property Office (DZIV).
This is nominally slightly lower than in previous years when Croatia was ranked 41st and 42nd, but considering the year-on-year differences in data availability and changes in methodology, the results are not fully comparable.
Based on previous results, it can be concluded that Croatia has stabilized on the ranking for years, between 41st and 45th place, according to DZIV.
According to this year’s GII, Croatia ranks 37th among 51 high-income countries and 27th among 39 economies in Europe.
In relation to gross domestic product (GDP), Croatia’s innovation performance is lower than expected for its level of development. In terms of effectively translating investments in innovation into innovation results, Croatia has improved its results and produces more innovation outcomes relative to its level of investment in innovation.
Of the seven areas covered by the GII, Croatia has progressed according to this year’s GII and is best ranked in the areas of infrastructure where it ranks 23rd, knowledge and technology results with 32nd place, and human capital and research where it ranks 41st, and it has also improved in its weakest areas of institutions (68th), business sophistication (54th), and creative results (50th).
