Being innovative means achieving global exposure – and world economies know it.
Innovation is going to be a powerful driver in 2024, continuing on a path that has especially developed two years ago.
Artificial Intelligence going viral thanks to ChatGPT has influenced how countries all over the world balance their investments in innovative practices, inevitably ending up influencing world economies.
In December 2023, the World Intellectual Property Organization (WIPO) has revealed what countries qualify as most innovative, taking into account 80 indicators that encompass, among others, Knowledge & Technology Outputs, Human Capital & Research, and Business Sophistication.
Those in the Top 10 are likely to be key this coming year, putting countries like Switzerland (1st), Sweden (2nd), the US (3rd), Singapore (5th), Germany (8th) and South Korea (10th) in a highly competitive position.
An even more innovative future is awaiting us, and being aware of existing trends and leading economies allows companies to engage in profitable markets and create a more powerful future.
Source: World Intellectual Property Organization (WIPO), December 2023.