 So, Excellencies ladies and gentlemen, a very good morning to you all and allow me at the outset to thank you very much for your presence here this morning and for coming for this briefing and I Have pleasure in introducing those who are with me here on the podium this morning Namely immediately to my right. Mr. Sumitra Dutra, Duta, who is the co-editor of the Global Innovation Index and founding Dean of the Johnson's College of Business at Cornell University and Cornell University is one of the as I said co-publishers of the Global Innovation Index on my left is Mr. Bruno L'Envain from who is also one of the founders and partners main partners and publishers co-publishers of the Global Innovation Index through the INSAID Business School with its global presence On my far right We have Mr. Volker Stuck who is a principal and a leading innovation practitioner with PWC And on my left we have Mr. Noshad Forbes who is the immediate past president of the Confederation of Indian Industry and Co-Chairman of Forbes Marshall And these are amongst our knowledge partners and we're very grateful for the support Given by all of our knowledge partners if I may a final word. I have here several colleagues who are hidden somewhere about but most notably Mr. Castan Fink who is our chief economist and under whose auspices the WIPO contribution to the Global Innovation Index was done Mr. Sasha Vaughn's Vincent a co-editor Who works with Castan Fink a co-editor of the Global Innovation Index Naresh Prasad Is there and Linda Lloyd? Chief of staff assistant director general our director of communications summer Shamun also From communications. So thank you all for your presence. I Wanted to make just a few introductory reports Why do we do this? We do this to attempt to measure the Capacity and performance in in the field of innovation of countries around the world So the innovation capacity and performance Why would we bother to do that? Well for reasons very briefly It's been conventional wisdom for a long time now that innovation is a Major if not the major contributor to economic growth and we are living in a world Which has experienced a prolonged period of sluggish economic growth? and We would like to see how of course we can improve our economic performance and innovation is a key to that secondly as The seam for this year's global innovation index indicates Innovation is the major means by which we are able to address the unfortunately many Global challenges that confront Our society one of those is feeding a growing population With competing Uses of land And so the same this year is feeding the world through innovation Innovation is the way in which we do things differently If we do things in exactly the same way, we will confront the same challenges So it's a major pathway to addressing social challenges Thirdly Innovation is a measure of the capacity of a country to compete So it is directly related to the competitive capacity of any country and finally Innovation and technology are great differentiators in this world of enormous asymmetries So measuring country's capacity and providing information to countries on those areas in which we consider that Performance could be improved or capacity could be improved or policies could be shifted Gives a pathway for countries to be able to address The differences that arise from different innovation capacity around the world It's a long-term game innovation, of course My colleagues will say a few words about the rankings Annually we generally are interested in tendencies in the rankings rather than changes in one particular year But I must congratulate Ambassador Silvigar Svedigigar Excuse me for massacring your name Of Switzerland as Switzerland comes out on top for the seventh year in a row and that is certainly a tendency So congratulations ambassador on this performance There are other movements that my colleagues will point to In respect of the rankings that we can see And overall while there is great stability in the top 20 Overall we can see that innovation is becoming more multipolar and There are individual movements that give a clear indication of this growing Multipolarity in respect of innovation Individual performances There are many that we could note and my colleagues will note some of them But there are some very very encouraging Differences that have emerged a final word from me is just to say that of course an Index tends to have a favourable Effect for small and homogenous economies in which even performance is Perhaps easier than in a large and diverse economy with more asymmetries and One can think of many examples United States China India as examples of very large and very diverse economies and Index measures even if the performance across the whole of an economy For that reason we started an exercise at WIPO to explore clusters innovation clusters That they are geographical localities that are not countries I would just like to say that this exercise is very much in its early stages It's based on a much more limited set of data than the global innovation index which is based on a very Very wide number of data sets. It's based on patent data only, but it does Give some interesting results in identifying clusters Most notably coming out on top Tokyo Yokohama followed by Shenzhen Hong Kong followed by San Francisco Sol Osaka Kyoto So that's an exercise that will continue In the future and we will try to add other data sets to make it more interesting But let's go back to the global innovation index and the measurement of countries performance in capacity and innovation across wide data sets and I would have pleasure in introducing Sumitra Co-editor and of the GII to say a few words Thank you very much Francis and good morning everyone. Thank you for giving giving us your time today I would like to begin by offering a personal Thanks to Francis because without his support and collaboration. I think this partnership would not have achieved what we achieve in the last 10 years We have a set of slides that seems to have Disappeared from the screen with the back once again. That's great and my Colleagues from Cornell Rafael out here and Jordan sitting in front would help me go through this line So this is the 10th anniversary edition of the report and Will you please to walk you through some overall trends that we have identified in the last 10 years and my colleague Bruno will walk for some of the details the results from this year next night so Over the last 10 years. We have been fortunate to have collected a set of data That I think is unique in the world of innovation It really captures innovation in a broad based the whole logic of creating the global innovation index 10 years ago was to reflect the broad based capability of Innovation in any economy of course patenting is a very important visible indicator of innovation But a lot of innovation economies goes without patents often happens without the support of PhDs and research scientists and What we hope to do in this global innovation index framework is really try and capture the totality of Innovation happening and they call me to the best of ability and what we have right now is Index and a model that has proven to be a very Successful and at the same time a very useful aid for policy makers and decision makers in governments in private corporations looking to choose across different investment locations and We hope that this kind of analysis will continue to support decision leaders in the future Next slide We had to come up with a framework for innovation to even answer the question. What does innovation actually mean? If a country wants to improve its innovation capacity innovation performance What are the various elements should focus on? The basic idea really in the framework is to say that there are elements that Form the inputs into this equation Elements that a country has to focus on to improve and to enable its various innovation actors to perform properly and There are elements that which are actual outputs are being successful innovation performance So if you look at the left-hand side of this Graph and I'm not completely sure it's fully legible for you But the details are then the report if you're interested look at the details We have five pillows out there One around institutions The second around human capital and research the third around infrastructure The fourth on market sophistication the fifth on business sophistication So these are the five input pillars And these five input pillars are further broken down into sub pillars or sub components And each of the sub components is measured by a set of variables On the outputs, which is the right two pillars We look at the knowledge and technology outputs And we look at the creative outputs and again, they are broken down sub components and variables in total There are 81 variables that go into the composition of the overall global innovation index code a few points to highlight out here Of course, it does include the traditional Metrics for innovation around patterns and scientists and PhDs and so those are completely in the model But what is also interesting is in the model we include other elements, which perhaps are not traditionally included in relations For example, in the element of market sophistication We do look at the traditional element of venture capital investments That is very traditional at that. At the same time, we also look at microfinance Why because we do believe microfinance is an important element of investment in grassroots innovation in various economies We look at infrastructure The third pillar out there we look at elements of the ICT infrastructure very important We all know it's important. Yet at the same time you look at the ecological sustainability of that Why because we do believe that ecological sustainability is critical to enable sustainable innovation investments in economy if we look at the outputs traditionally the knowledge outputs patenting Research publications. They are there in the knowledge technology outputs yet at the same time We do believe the creative services sector is important Movies other kinds of creative elements are elements of innovation in economy and we also have in that One important sub component our online creativity We do believe that citizens individuals do create and create content and that is also an important part of innovation That is being expressed in economy So we try and include have holistic notion of innovation out here And that all feeds into the innovation index framework Now this is a Collaborative exercise as mentioned earlier and over the years we've benefited from the support of a number of partners and Of course this year the partners besides Co-publishers of WIPO and Cornell and NCM include CII from India strategy and and PwC and Sibrai and CNI from Brazil. We also have the benefit of the Joint research center the European Commission that does a very valuable audit of the results for us Next slide please Now an overall result that we find which is of some concern over the years really is of course as expected in the 2009 crisis we saw a big dip in R&D investments across the world But that dip has recovered from it to some degree But as the graph out here shows we haven't recovered to the levels prior to the crisis and what is more Disturbing is that in recent years, especially over the last year We have seen a tendency of some of these R&D investment growth based decline Now this is of some concern especially given the fact that the general sense of optimism today in the world about Growth rates rising once again But will these growth rate increases be sustainable if the Proportional associated R&D investments not actually increase and I think that's an element of concern for us They should be worried about in the future next slide Now if you look at the Innovation trends over the last 10 years as I mentioned the start we have the benefit of having a very unique database out here We see some trends which are interesting So one element that we see is of course as I mentioned earlier The amount of investments in R&D has to increase in economies around the world both rich countries and emerging economies We also see that there is an innovation divide that has been there for some time and that continues to exist So the countries at the top of the rankings They are persistent in the position. There might be some shifts out there But there is a strong legacy out there and there is a divide between them and other economies that are perhaps Doing still well, but not as well as that Now of course in that scenario, there are a few countries that stand out So this year for example China, which has been rising steadily moves From 25 last year 22nd this year. It's a remarkable performance by a large economy India is also doing well It's moved up to the position of a 60 this year and is doing very well in the same income category And what we're observing is that in general there are parts of the world that are moving faster than others in closing the gap So interesting question out here, which we all have to think about is how can emerging economies really catch up What are the kind of investment policies that I can help them to close the gap because closing the gap Which is possible to be done as some economies is an important priority for the entire world ahead of us Now what we also see is if we look at the quality of innovation and we take a subset of the variables Along publications patenting and the university quality You start seeing them interesting trends about countries both high income and the middle income that are doing better than others And of course what is of interest the middle-income economies is that China India and a few other brick countries do Much better than others on those quality of innovation. So it's important for us to focus on quality of innovation We also see that there's some good trends in terms of the innovation Capacity and results rising in parts of the world where there was some concern earlier specifically in Africa So we see some countries in Africa performing better than others at the same income Levels and we see a general trend of Africa rising and this does not mean that the gap is closed But it does mean that there is progress in the continent that we should be recognizing and being proud of And with that I think I pass on to my colleague Bruno Thank You Sumitra So let me highlight some of the quantitative results of this year's report GII 2017 The starting with the with the rankings So as we say Every year so I will repeat it The rankings is the tip of the iceberg. It is what attracts attention It is what will make headlines tomorrow in many Organs of press and the media between cysts that the real value of the report is How it is used? Whether it can be a tool for action To allow public sector and private sector and individuals to improve their own strategies in the area of innovation this being said the director general already saluted the Remarkable performance of Switzerland number one for the seventh year in a row This is all the more remarkable that Switzerland exhibits High-level performance in all the pillars of the model and it is the only country in the world that is indeed at the top Rankings in all of the pillars of the model both on the output side and on the input side this this year we see Switzerland followed by Sweden Netherlands a United States United Kingdom It is quite remarkable that again European economies would dominate the rankings with eight European countries in the top 10 and 14 in the top 20 And again, there is remarkable stability at the at the top I was mentioned before by Sumitra the performance of China is quite remarkable China broke into the top 25 last year and moving again three notches this year next slide This is the two-dimensional way in which we project this data So we don't expect anybody in this room To understand and to see the details from where you are So let me just give you an Impressionistic description of this picture it shows on the horizontal axis the income per capita So the the richer you are the farther you are to the right and the vertical axis is the GI performance so better innovators are to the top and What you are the eye catches immediately is that there's a strong correlation between wealth and innovation performance So that relates to the point also underlined by Sumitra before there is a divide There is a strong correlation between wealth of countries and innovation performance And this is where the global approaches to innovation is particularly important What is also remarkable is the fact that countries can be divided between those that are on top of this black Regression line you see in the middle Those are the countries that are doing better than what their GDP per capita would suggest and those who are below this line Which means countries that still have the potential to do better with the endowment they can benefit from So I will not get into more detail moving to next slide It's difficult to Compare countries at different levels of development because of the correlation. I mentioned before This is why we like to actually go to a higher level of granularity And to see what's happened within specific income groups And this is the kind of picture we get obviously the high income rankings Reflects for the reasons I mentioned before the general rankings. So we have Switzerland, Sweden, Netherlands there. The upper middle income Is a fast moving category of countries with China, Bulgaria, Malaysia And the lower middle income is equally spectacular Because Vietnam for instance who is at the top in this group of countries as one of the most spectacular progression in GII this year moving up 12 ranks We still have concerns about low-income countries, especially Africa at the same time the gap has been reducing Africa has been moving up steadily and rapidly In the scale of GII But further efforts are required both at the national level and in terms of international support for stimulating innovation in Africa Next slide about the conclusions and messages coming from this year's report especially around the theme of agriculture The first message relates to the need for additional convergence Clearly this stability at the top the fact that things are moving in the middle basically For countries ranked between 30 and 50 Where we see things happening. There's still a massive challenge in addressing the relatively low level of convergence in terms of innovation performance so enhancing the ability of various national economies to benefit from best practices to identify their own targets to relate their own development plans to what can be done in the area of innovation and basically Giving more importance to what innovation can bring them is part of the effort we want to contribute to Regarding the theme of this year and that will be my last point It is quite symbolic that for the 10th anniversary of the GII We have chosen the food in the agricultural sector and it's no coincidence We wanted to Give the clear message that innovation is not just for high technology sectors That if innovation does not change the lives of the better of the majority of my kind It's not achieving what it should be able to achieve and there was no stronger symbol than looking at food in their culture because it is both the most ancient activity of my kind It is what brought groups together which is At the root of fundamental changes in our global civilization at the same time It is also Not sufficiently appreciated as an area for dramatic innovation We tend to forget that some of the basic innovation food in every culture have changed your politics That for instance the invention of refrigerator has a load allowed many Countries in Latin America to become meat exporters and Get better integrated Into global the global economy and there are many other examples So what we see today is that indeed there is a kind of innovation which is rapidly spreading Including into emerging and developing countries. This is what we call digital innovation The intensive use of drones of satellite-based remote sensing systems and other ways to track crops and Better manage them especially through weather systems is indeed increasing. That's what we call digital Agriculture we need to stimulate and all the kind of innovation through agriculture, which we call smart agriculture And when we've put together smart and agriculture and digital innovation, then we're going to see radical changes in every culture We are looking at a situation in which the planet with its limited resources Will have to feed about 10 billion people This cannot happen without significant innovation Because it has to happen against the background of minimizing pressure on the use of natural resources including land and energy So if we want to do it in a sustainable fashion Innovation is a key to the to the equation and last but not least moving to smart digital agriculture, which includes looking at how agricultural products are traded What kind of distortions exist in international trade for agricultural products? What kind of improvements can be made to value chains and to distribution chains? All this goes far beyond technology. It has to do with organization and with the way We just put our efforts together to solve this this problem So it goes back to one fundamental message about GI I about its architecture And what about it's been trying to do for the last ten years that is let's take a holistic vision of Innovation let's consider that innovation is not just technology. It's first and foremost in a mindset It's a mindset. It's in the minds of people and this is where our efforts have to focus And this is what we are trying to do and with our partners We hope to continue doing for another 10 years and beyond Thank you very much Bruno. So we have now two interventions and I'm very happy to ask Mr. Volker Stak, who as I said is principal and leading innovation practitioner from PwC strategy plus to take the floor Yeah, thank you very much. As PwC we are committed to building trust in society and to solve important problems Certainly our team this year is a very important problem to let's say ensure food supply for a growing population of the 10 billion by 2050 requires an increase of production output in agriculture by more than 70 percent over the next 30 years This is not possible to be solved by just extending the land under cultivation We need a different approach to innovation a different perspective on innovation to increase total factor productivity to achieve that goal How can innovation contribute actually to increase total factor productivity and to solve mankind's problems? We see that in three areas increasing yield increasing total physical asset productivity by making equipment more smart and To increase and enhance sustainability of supply chains. Those three areas are very important to help feeding the world through innovation So we see already some promising developments in certain countries where those innovations are being applied for instance, we see innovation in Brazil and hence by smart technology It's about field view platforms that help to provide real-time Information to farmers about using their land under cultivation providing them Information that helps them to increase yield simultaneously Another interesting example is from Tanzania. It's about after a culture So Tanzania is looking for future sources of protein and innovation helps their R&D pursuits help there to identify the most suited tilapia sources for inland farming opportunities of tilapia and Tanzania has reached out to a global community of innovators to solve this problem another problem Another example from a country perspective is Norway. Norway is applying deep-sea drill technology from the petroleum industry to actually foster offshore farming Salmon farming and applying technology that is used in the oil and gas industry converting it and applying it to the production of food and another let's say example is The main our countries are really challenged by water scarcity So desalination is a challenge to access fresh water Concentrated solar power plants can produce electricity in an efficient cost-effective way and help desalination to produce Freshwater and the last example is about sustainability of supply chains the US firm has initiated this initiative called sustain which tracks and monitors the sustainability of a global supply chain for dairy products and feeds and Helps to ensure sustainability So new technologies such as blockchain technology. So these are examples for specific Countries where we apply already innovation high technology and big data analytical capabilities Despite that progress in various countries challenges remain innovation in Agriculture is Let's say facing long innovation adopting cycles. It takes a long time to convert another one is high capital requirements and the third challenge is a reduction in public spending in R&B So to deal with those challenges in addition we think that collaboration between public and commercial Entities and stakeholders makes a lot of sense and opens opportunities for innovation Creating an ecosystem in each country to foster innovation to set the spirit for innovation is very important and be GII actually Contributes by measuring the status quo of Innovativeness of the quality of an innovative ecosystem and can measure progress in that regard And our firm can help with that activity not only measuring the innovativeness of nations But also of these stakeholders companies industries in those Countries by measuring their performance with benchmarking real-time data and capability building It's not about how much you spend on innovation actually But it's about how you innovate and how an innovation ecosystem can be built Thank you Thank you very much. Mr. Stan It's now my pleasure to give the floor to our last intervener From outside and that's Mr. Nosher falls the immediate past president of the confederation of Indian industry Please Mr. Fox. Thank you, Mr. Curry Good morning ladies and gentlemen It's a pleasure to be with you at the launch of the 10th edition of the global innovation index on behalf of Confederation of Indian industry. We've been pleased to be partners with WIPO and NCR for many years and bringing the global innovation index out and especially happy to Be with you at this 10th anniversary launch the importance of innovation and technical change in the Development of the world is very well understood as you all know it's contributed to over half of all economic growth for over the last 200 years that's directly led to Many countries moving ahead and becoming wealthier countries in the world and it is indeed the The task of all of the emerging world to use innovation as Its own driver of economic growth and its own driver of economic catch up At the launch of the global innovation index in Delhi last year You know in innovation is receiving a lot more attention in India probably more attention in India today Than it has ever received before at the launch of the global innovation index a year ago less than a year ago in Delhi the Function that we had then prompted our minister for commerce and industry to set up an innovation task force And the focus of our task force is really Not on the global innovation index and what one can do in the global innovation index But on how one can indeed improve the context for innovation broadly in the country itself We've now taking it further We've now launched an effort to try and create a state innovation index which will which will faster competition between Indian states in Competing one with the other to improve their own climate for innovation So much progress in many parts of the world much progress certainly in India But I think The more progress we make the more there is to do our previous Prime Minister Manmohan Singh used was fond of saying that India is a country that lives in all centuries at once and That's actually very true When you drive around India when you visit India you see the diversity of the country you see the complexity of the country unfold in front of your eyes and our development challenge is To actually live in fewer centuries at once to have more and more of our population included in the growth process To have more and more of the country indeed converge on the advantages and the and the and the lifestyles that come from that come from a More affluent existence that's what innovation has to deliver for us as a country and That's the challenge that we have We have two specific areas of focus within the confederation of Indian industry that we've been advancing in this last year or so As a part of the national innovation First is to increase the amount of R&D that we do in industry Indian industry invests about point three percent of GDP in R&D That's that's it's that's rising, but it's still very small relative to global levels The world average is one point five percent So we need to scale our investments within industry in R&D by a factor of five to match global levels Second within higher education most most of the world does public research publicly funded research in the higher education sector in the The global average is about a point four percent of global GDP is Invested in public research done within the higher education sector in India. It's point zero four percent So we need to scale our investments within of public research done within the higher education sector by a factor of ten These are two challenges and our two immediate priorities. How do we greatly increase the investment of R&D by firms? How do we greatly increase the investment of public research in our higher education system? It's not that the Indian government doesn't invest in public research But this public research is tended to be done in autonomous R&D Institutes as in many other countries, but which have now moved away from that model But we need to do much more of our public research within the higher education system I'll make a couple of comments if I may about About the global innovation index itself and how we could take it forward The great attraction of the global innovation index is that it does provide an assessment of the broad context of innovation By looking at the kinds of metrics that Shamathra and Bruno talked about just now by looking at five Input indicators five sets of input indicators in two sets of output indicators but the very nature of Setting out to measure such a broad context of innovation Has its own challenges Because we need to in some cases rely For example on perceptions as opposed to on objective indicators And I welcome the fact that we've tried in the innovation index over the years to move to more and more objective Indicators and away from perceptions which I think is a very healthy very healthy thing because perceptions as you all know are really a product of Of fashion very often and of and of what one has read in the newspapers in the last month As a result as opposed to something much more substantive and real So I would I would suggest that we keep that process moving along of moving to more and more objective indicators And for example when we try and measure political stability Instead of measuring asking people what they think about Stability, maybe we can use some kind of an objective measure like you know changes constitutional the proof the number of constitutional changes in the government in the last 25 years Something that would be a more objective way of getting at those kinds of issues second if one looks at the efficiency with which research is done or the way in which within the higher education sector for example Can one not only measure the amount the number of publications that come out of the higher education system But perhaps also an efficiency metric that looks at the number of publications per billion dollars spent On research in the higher education system third Can we look at some measures around the vibrancy of a particular market for example change in the top 100 firms in a particular country Might be might be a useful indicator of Dynamism and change in the market on an ongoing basis In the press conference that we just had before the session there were questions about About the US and its ranking and so on post post the recent election and I think if one tries to come up with some metrics that reflect the openness of economies Openness to ideas openness to immigration openness to movement of people These kinds of metrics which we know are associated with strong innovation performance Would be valuable metrics to put in places objective indicators of these kinds of these kinds of phenomena that could be That could have a very long-term impact impact on countries, you know the in Silicon Valley Silicon Valley is is Known as you know to be the heart of the IC industry and someone once told me that I see stood for Indians and Chinese Alas the last suggestion on the metrics the Is is again if when one looks at ICT performance perhaps one can also look at the the presence of ICT professionals in the total in the total workforce So for all of these reasons with metrics I've always found the global innovation index to be a very useful and powerful Publication, but I found it particularly useful not so much necessarily for the rankings But for the qualitative insights that it provides for the direction It provides on how one can improve one's own innovation performance as a country And I think if we keep coming back to those broader context of development that we need to achieve in our countries if we keep coming back to The specific objectives that we have in India at present of increasing investment in R&D in firms and in our higher education System, I think there's much in the report that tells us how we can go about this and that's an extremely valuable contribution Thank you Thank you very much for so May I turn the floor over now to you for anyone who would like to ask a question or certainly make a statement or Make any observations any commentaries so We have a couple who have indicated previously that they would wish to speak and if I may In the absence of anyone else I'll call upon First of all Janis Carpens the ambassador of Latvia Thank you. Thank you very much and Thank you This Fundamental work, I think every country is waiting annual with this publication for the for the reasons that that very eloquently Mr. Paul described it is a good source of That's an inspiration for reflection domestic I would I would offer thought that for us innovation is very intimately linked with competitiveness of national economy and as we know humans are very competitive by nature so and The the competitiveness drives investments investments drive production and and well-being of our population So this is this is a kind of a ecosystem that is very Useful to understand in order to find you and improve On on annual basis. So therefore they're very grateful for your for your effort and your work, and we hope that We will see a centenary edition of this Index in 2007 But jokes apart, so thank you and please keep doing this work good good work for Benefit of all of us. Thank you We'll need a lot of innovation for some of us to see in the centenary edition Ambassador John of Vietnam, please Thank you very much. I'd like to Express our sincere thanks to you for inviting us to very important briefing and launching of the global innovation index 2017 this is the first time that I attend this and It's very I'm very glad that Vietnam also as mentioned as the first in Low-middle-income countries for innovation So we are very happy also that over the last 10 years The GII has already been widely recognized as a recognized tool for action for countries and decision-makers worldwide drawing in its Identification of their policy for faster environment conducive to innovation and of course like All the penalties already stress the most important thing is not only the but also through indicators and countries can You know improve or country can can put emphasize in in such in every indicators for their economies can fit competing minutes as well as the the innovation policy really Our government of Vietnam we are touched in recent years the great importance to innovation And the prime minister of Vietnam stress in every session of the government that innovation must be present in you know in efforts to To you know to to enhance the competitiveness of the country and we command also that the theme for this Global innovation index for this year is Concentrating on African children food because are we we think that facing with climate change facing with challenges of Environmental Challenges we think that if we we we can have more innovation R&D in this issue and mostly with low-income countries like Vietnam we can provide also growth and competitiveness Since from last year In nationwide We launch or we have launched also The campaign for industrialization of agriculture. So we we we put basically innovation as also in a very important part place in in in the nationwide efforts and of course Thanks to also to the WIPO Capacity building projects and program we have raised the GII raising awareness of GII the importance of innovation for for all other You know all stakeholders in the countries and we have also many competitions in all routes all layers of the population and And and even Some African children have their own Creativity they're all creation for their own work. So and and and they have been already You know deserved also trophies and and medals from in their own innovation of their WIPO so we we think that really this GII process GII reports and also for for several years and Have already a very positive impact in in the You know in in the strengthening of the capacity and competitiveness of the economy for Vietnam So we we think that we can can have This also with us in the the process of development of our economy now Of course for the ranking of Vietnam You see that we we have jumped according to the the indicators we have jumped even 12th grade from last from the 2016 we we have been ranked 59 and now 47 so it's it's a quite a big jump But how you know we have to study also and we have also to discuss with other partners and So so that we can sustain how to to sustain this because you know every Agent every year maybe we can jump up jump You know and and go down so how you know of course this is our efforts and of course It is our policy, but we we can exchange also views and experience and lesson learned and How how we can can do to to sustain and to improve of course? This is our duty Responsibility, but we we can have the organization and we can have also other You know stakeholders to to help to discuss to share views experience And we think that from from our own after the this launching The organization can have also some for us to to exchange from top ranking and you know middle ranking and and you know other Economies so that we can exchange views and we can learn each other. So thank you very much Thank you very much ambassador if I may Ambassador El Zambi or the United Emir Arab Emirates for the band Thank you First I would like to thank you Mr. Francis Gary the director general of waibu for conveying this briefing and They would like to thank as well both editors of the global innovation index Mr. Sumetra Dutta from Cornell University and Mr. Bruno London from NCI for their report presentation of the 10th edition of global innovation index GII 2017 Yeah, the United Arab Emirates believe that its achievement in this year global innovation index is another Proof that the strategy followed by the way government is a successful and sound This strategy has adopted innovation as a significant pillar to provide solution and put forward initiatives since the innovation year in 2015 the United Arab Emirates launched its national innovation strategy as part of the vision 2021 which encourages a new thinking and ground-breaking solution in seven priority sectors renewable and clean energy Transportation technology education health water and space and These sector is taking an innovative approach to address 21st century challenge According to this year GII they will rank the first among Arab countries for the second consecutive year and the 35th worldwide in terms of overall performance on this index up from 41st globally in 2016 The 2017 GII mainly focuses on innovation in agriculture and food system and Indicates UAE as the number one in providing the environment of innovation in the Arab world. I Would like to seize this opportunity To express the UAE highest appreciation for the tremendous efforts made to measure innovation and its valuable Contribution to the national innovative policy. I thank you Thank you very much ambassador. So I now pleasure in handing the floor to the world champion the gold medallist and Thank you very much that is an introduction we don't often have Certainly not in sports except for tennis Thank you very much Director general. Thank you. All of you who were involved in the drafting of this very important report Mr. Forbes has indicated that in India innovation as a phenomenon as a driver of economic growth has only relatively recently come to the forefront I think this applies to most of us at least the non experts and innovation as a driver of economic growth has come to our attention at About 10 15 years ago, which is the time span of the GII and I think the GII in the meantime has Established itself as the one instrument that gives us the analytical tools to better understand You have indicated that innovation is important because it's such key driver for economic growth and it's perhaps often forgotten that Switzerland is to certain extent an illustration of that We forget that Switzerland a hundred and fifty years ago was a one of the poorer countries in Western Europe was a country of emigration a country of families and Innovation certainly has played a key role also in our economic development given the fact that we do not have Natural resources. So to a certain extent the fact that today. We're in a good position Is certainly I think also Based on a common knowledge of the need of Innovation for economic development and that brings me to my question And I would like to join my colleague from Vietnam the most important Factor for us because you indicate the importance of governance for setting the the frame for sound Innovation systems what in your view are the most important factor for us is less the Ranking because rankings as we all know are unfortunately Voluntary although as you have indicated they were stable over the past seven years that doesn't For say anything on the future. What are the lessons to be learned? How can we sustain or build on our systems of? economic innovation and that would be probably really the key issue are there any main Indicators you have shown us the The different factors for input factor and output But are there some indicators or some measures that can be taken that have more important than others and that Those who are in a good position should take care of and others who may wish to To go up in the rankings that they should Thank you and thank you again for the Thank you very much ambassador just before I asked the panelists to address your question. Are there any other? Ambassadors that may wish to take the floor and yes, please please Yeah Definitely not an ambassador yet, but thank you very much for giving me the floor Speaking on behalf of Israel. I wanted to thank you all very much for this important and comprehensive report We welcome it very much. We think that this is a key feature of the global innovation Academic literature and I think this is extremely useful as a tool for peer learning how we can all really learn from each other about creating a more innovative global economy and We welcome the fact that the focus of this year's report was about Agriculture and food technology and I think that this is critical especially coming from the main region where this is not just a matter of Prosperity, this is really a question of survival and these technologies really can help Bring for further prosperity for many people We are also very happy to see that Israel's rankings have continued to climb up Which is a result of very dedicated government policies and entrepreneurship in the private sector We're particularly happy with the fact that our R&D results are top of the rankings In light of the global decline, we think that this is a very important part of The fact that we have been able to rank so high because of research and development and investment in this field We think that this is very important likewise as the honorable ambassador from Switzerland noted Israel does not have many natural resources and innovation is really a foundation of our economic growth and prosperity And we think that this can really be used as a tool for other countries Particularly when trying to overcome the innovation divide We think that this is very important And I would also perhaps like to address the question and ask from this report Some of the key findings that you have seen from those countries that have managed to climb up many many steps from the lower income countries or from the middle income countries and overcoming those economic obstacles to create more innovative technologies and Economies, how do they overcome this innovative innovation divide and thank you very much again for this report. It's very very interesting to read Thank you very much indeed I'll stop there. Yes, I know we have two more if I may and then we'll go on to answer panelists views about the the question days Ambassador first Thank you very much. I'd like to join my colleagues and in congratulating the launch of this current report and we're also happy to see that our ranking has climbed up and we are on top three and in the group of lower middle-income countries and Concerning the the content of the Global innovation index of this year. We are happy to note that the priorities set to very Very good priorities set on food issue and also there was a mentioning of the water issue and innovation in Resolving the scarcity of water and yeah, so I think the Focus is very good and especially it's relevant to all of us including the developing and Developing countries who face More the effects of climate change in that sense I would also encourage to to continue also exchange of Experiences among countries how they solve the the issues of scarcity of water and And the issue of in but how they address the environmental issues and also how they create how they bring bring Smart solutions in agriculture production and That would be good to organize a moment amount stakeholders and the member states a Expense experience sharing and competitiveness in these two sectors and also I'd like to note that In Mongolia, we have been continuously encouraging innovation both by policy and also at the trying to Encourage the academics and research institutions and private sector to come up with the more innovation even if it's if it's a Gradual innovation and the I would like also to note that the capacity building and Encouragement from the WIPO was also crucial in that in this endeavor and Thank you again for the report. Thank you. Thank you very much ambassador. We have a last intervention and Then I will conclude with each of the panelists addressing the two questions in particular Switzerland and Israel about key factors or ingredients to success, please Thank you very much, Mr. Director General. I'm also an ambassador so I join my Israeli colleague and make a statement We will first like to thank you very much for the presentation today. The importance of the work was underlined by many other Speakers as well as humans director general, of course, you also made a reference to the limits of the indicator in generalizing Results that were achieved in any case they show interesting trends and they feedback in our national regional debate on the policies to support innovation strengthen the General economic growth now there is the main subject of the Agriculture sector today is very much in Brazil's interest. We have seen the investor of Vietnam I mentioned the importance free with regard to climate change also the delegate from Israel mentioned the Relevance for them, but in the case of Brazil even as we have many natural resources the innovation that culture sector is a key factor in Increasing our productivity allowing us to be a major exporters in a lot of our agriculture products We also have the pleasure of seeing that the report mentioned the sustainable development Goals of the United Nations. We commend very much This mention and we see that the efforts of Waikato to address this in its turn activity now also Apart from the national regional debates that we may use The global innovation index it could be also be useful to guide Waikato's activities not only with the reference to technical assistance, but also in designing policies to support National regional efforts. So one example that I'd like to mention is the the case of universities We see that they have a lot of importance in all countries But this is especially so in the case of developing countries. So perhaps this could Lead us to discussion on how Waikato could support those efforts for instance at the PCT level. We had a proposal on Providing a fee reductions to further stimulate the innovation by the universities from developing countries So we see a lot of merit in the global innovation I'd like to thank you again and also your colleagues at the podium for this presentation today. Thank you Thank you very much My apologies at slight modification I know we're running short of time, but I omitted our colleague a good colleague from the food and agriculture Organization if I please have the floor I think that's me. Thank you very much But I would first of all like like to thank the whole GII team on behalf also of my colleagues at F3O For the opportunity that we could contribute a chapter to this year's global innovation index It was a really good collaboration and many of the speakers there they have stressed already the importance of innovation in particular the agricultural sector meeting also that Realizing the potential of innovation Agriculture is very crucial in the context of the 2030 agenda also We think that there's an increased need however to understand Innovation as a process that really emerges from collective learning and action and also to meaningfully combine technological social and institutional innovations and Now FEO At the moment is really stepping up its efforts to support its member countries in the one and assessing their innovation systems their agriculture innovation systems, but also in then developing these systems In February 2018, there will be a global Symposium that will focus on non-agriculture innovation for small holder farmers and that will be held in Rome And it should be a unique opportunity to engage in policy makers in this topic and To discuss ways how to best develop national agricultural innovation strategies also and having said that We look forward to continue the collaboration with the global innovation index. Thank you very much Thank you very much indeed. So now a final word addressing the I think it's very similar questions if I may say from Switzerland and Israel On what are the key factors? What are the lessons learned? What are the ingredients of success what makes that one country move or successful? In its innovation capacity and performance, and if I may I'll just start from the far right. Mr. Stuck Yeah, I think one success factor in Innovativeness is the customer connection and to what extent the innovation strategies of stakeholders in the country organizations public and commercial Innovations to what extent their innovation strategies are combined and linked to their overall strategy This is important and to let's say be prepared for the big change from product to software innovation We will see big swing towards software innovation and this requires different capabilities So a success factor would be to prepare countries education system to deal with this challenge acquiring new talent Educating new talent to develop more software innovation rather than product innovation Another success factor is globalization of r&d. Our research shows that more dispersed innovation footprints r&d footprints are more successful than concentrated in one country and the innovativeness of a nation invades actually invites actually Innovators from global companies to put their footprint into different nations to compete and collaborate on the innovations Thank you very much as a meter. So I'll be very brief on the Basis of results from the innovation Research and conducting I would highlight two first of all. There's a very strong need for national strategy and innovation So almost all countries that we see moving up There is a focus at the national level of focus and innovation Very strongly second is It's like a chain You need to focus on multiple aspects. Innovation is not just done by opening one research center somewhere You have good human capital in good infrastructure in good market sophistication good businesses It's like links in a chain if one link doesn't work properly. The whole thing doesn't work or it doesn't work as well And that's the hard part of innovation. Why is innovation hard is because to do all these things consistently well And that's one reason why Switzerland actually is among the country that does it actually quite well And thank you very much Bruno. No problem It's very quickly about how to make a good performance sustainable There are things you don't want to do and things you want to do A thing you don't want to do is stop and go There's ample evidence in the gi and elsewhere that Investing you know in a brutal fashion innovation and stopping it the following year Even to resume it five years ago does not give the results you can hope for So such efforts have to be typically longer term They have to involve civil society in a way that makes it sustainable Even if there is an election a change in government the effort needs to be sustained That's a critical element a second one is that As we often mention in these discussions, and that's where innovation and first and foremost a mindset Your greatest Wealth for sustaining a high performance innovation is to entertain this this mindset to keep it where it should be That means involving younger generation getting new ideas being flowed in All the time to keep it and it also means a strong connection between innovation strategies and culture You cannot invent an innovation strategy in a sector and activity that does not relate somehow To what your particular country your particular society has been about Whether it's in mathematics in medicine in arts There is always something deep Which is worth considering as deep roots for for innovation and last but not least Openness is key We live in a global economy This will not go away and protectionist tendencies tendencies to build roads Rather than bridges will run against innovation Thank you very much Bruno not yet for space If I could try to address the question from the perspective of what innovation literature said I think innovation literature would say that if you're trying to catch up Then you worry about technical change or you worry especially about social capital And if you invest strongly in social capital Then you actually provide that base for rapid catch up And indeed the example that you gave of switzerland being a poor country 150 years ago The the what what the economic history I think shows is that switzerland and scandinavia catch up caught up extremely rapidly Because they had very high levels of social capital combined with relatively poor Yeah, poor per capita gdp at the time and the same the same I think is true japan at the time So I think for all of us who are developing countries We need to worry about social capital We need to worry about education systems about investment first and primary education Second and second. We've heard in higher but in that sequence And then worry about the search If one is already a rich country if then the challenge is staying ahead. How do you actually stay ahead? I think the The innovation literature would say look at innovation as an evolutionary process Look at adaptability How does one enable one to be as adaptive as a society to changes that are taking place And adaptability requires then a great deal of experimentation So it's almost surely says don't try to pick winners Don't try to pick which technologies will actually be the winners in the future Instead try to invest very widely across the whole spectrum of different technologies and let the market decide which of the winners In in in in in the future So see technology as an innovation as an evolutionary process and see experimentation and that adaptability as the as the heart of that engine of progress Excellent. Thank you very much. Ladies and gentlemen, I'm afraid we do have to vacate the room So thank you very much for your presence here This morning and we'll close on that point. Thank you