𝗚𝗹𝗼𝗯𝗮𝗹 𝗜𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝗼𝗻 𝗜𝗻𝗱𝗲𝘅 𝟮𝟬𝟮𝟮

Congratulations to 𝗦𝗶𝗻𝗴𝗮𝗽𝗼𝗿𝗲 🇸🇬 for being in the 𝟳𝘁𝗵 position in the world. Other ASEAN countries are following closely too, as per below:

𝟯𝟲𝘁𝗵 - 𝗠𝗮𝗹𝗮𝘆𝘀𝗶𝗮 🇲🇾

𝟰𝟯𝗿𝗱 - 𝗧𝗵𝗮𝗶𝗹𝗮𝗻𝗱 🇹🇭

𝟰𝟴𝘁𝗵 - 𝗩𝗶𝗲𝘁𝗻𝗮𝗺 🇻🇳

𝟱𝟵𝘁𝗵 - 𝗣𝗵𝗶𝗹𝗶𝗽𝗽𝗶𝗻𝗲𝘀 🇵🇭

𝟳𝟱𝘁𝗵 - 𝗜𝗻𝗱𝗼𝗻𝗲𝘀𝗶𝗮 🇮🇩

𝟵𝟳𝘁𝗵 - 𝗖𝗮𝗺𝗯𝗼𝗱𝗶𝗮 🇰🇭

𝟭𝟭𝟮𝘁𝗵 - 𝗟𝗮𝗼𝘀 🇱🇦

𝟭𝟭𝟲𝘁𝗵 - 𝗠𝘆𝗮𝗻𝗺𝗮𝗿 🇲🇲

Innovation progress is one of the indicators of progress and prosperity of a country. To invent something new and get our own patent is a success. 🎉

Global Innovation Index 2022 is ranked based on 7 categories :

1🧳 Business Sophistication :Business R&D spend, net inflows of foreign direct investment

2 📊 Market Sophistication :Size of economy’s GDP, intensity of local market competition

3 🛣 Infrastructure :Road, hospital, school construction, energy efficiency

4 👨🏻‍🏫 Human Capital & Research :Government funding per pupil, quality of scientific and research institutions

5 🏛 Institutions :Political stability and safety, ease of starting a business

6💡Creative Outputs :Most valuable brands, industrial design applications, trademark applications

7 👨🏻‍💻Knowledge and Technology Outputs :Patent applications, increase in labor productivity, spending on software

United States 🇺🇸, which is a top spender on R&D (research and development) at over $700 billion per year. Globally, four of the five top R&D spending companies are in America: Amazon ($42.7 billion), Alphabet ($27.6 billion), Microsoft ($19.3 billion), and Apple ($18.8 billion)

#worldwide #dailynews #ASEAN

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