Denmark among top 10 in Global Innovation Index 2016

Denmark ranks 8th in this year’s Global Innovation Index (GII), a spot the country also held in 2014. Denmark ranks in the top 25 economics across all pillars in the index, which provides a rich database of detailed metrics for 128 economies worldwide, aiming to capture the multi-dimensional facets of innovation.

Denmark 4th best on human capital and research

The Innovation Input Sub-Index is comprised of five input pillars that capture elements of the national economy that enable innovative activities. Denmark scores high across the board:

• No. 4 on human capital and research
• No. 6 on market sophistication
• No. 7 on institutions
• No. 17 on business sophistication
• No. 21 on infrastructure

Denmark performs particularly well on parameters such of redundancy dismissal, researchers (FTE/m population), gross expenditure on R&D (%GDP), ICT use, environmental performance, domestic credit to private sector (% GDP), venture capital deals/bn PPP$ GDP, knowledge workers, research talent (% in business enterprise), and government effectiveness.