The Global Innovation Index and Introduction to WIPO Services Related to IP Issues in the University Setting Sofia, November 25 and 26, 2015 Mr. Evgeniy Sesitsky, Department for Transition and Developed Countries, World Intellectual Property Organization (WIPO)

“ Knowledge is increasingly at the center of wealth creation. IP system is one of the indispensable mechanisms for translating knowledge into commercial assets. IPRs create a secure environment for investment in innovation and provide a legal framework for trading intellectual assets.” Francis Gurry WIPO Director General –

WIPO Mission promotion of innovation and creativity for the economic, social and cultural development of all countries through a balanced and effective international IP system

WIPO’s Support Specialized agency of the United Nations 188 Member States (more than 90% of countries in the world) Provide to Member States assistance and advice for the development and implementation of national IP/innovation strategies Develop WIPO studies for countries in transition Organize workshops/trainings on various aspects of IP Provide to Member States assistance and advice for the development of TTO Gather and disseminate IP information and statistics Manage and enhance global IP services WIPO Arbitration and Mediation System

5 Introduction to the Global Innovation Index 1 1 Main quantitative results of GII Conclusions and key messages 3 3 The Global Innovation Index 2015 Effective Innovation Policies for Development The Global Innovation Index 2015 Effective Innovation Policies for Development

6  Measures innovation across more than 140 economies  Leading reference on innovation  A ‘tool for action’ for decision makers with the goal of improving countries’ innovation performances Introduction to the Global Innovation Index  Recognizes innovation as key driver of economic growth  Offers a holistic analysis of innovation, applicable to both developed and emerging economies alike  Helps monitor innovation progress on a yearly basis

7 79 Metrics Create a Tool for Action

8 Co-published by Cornell University, INSEAD and WIPO Three Knowledge Partners: Confederation of Indian Industry, du, and A.T. Kearney - IMP 3 rove Academy Independent statistical audit by the Joint Research Centre of the European Commission International advisory board Collaboration among GII Partners

9 Main quantitative results of GII

10 1.Switzerland 2.Luxembourg 3.Netherlands 4.Sweden 5.United Kingdom 6.Iceland 7.Ireland 8.Germany 9.USA 10.Finland GII Rankings – Top 10 1.Singapore 2.Switzerland 3.Finland 4.Hong Kong (China) 5.USA 6.United Kingdom 7.Sweden 8.Denmark 9.Canada 10.Australia Input Sub-Index Output Sub-Index 1.Switzerland 2.United Kingdom 3.Sweden 4.Netherlands 5.USA 6.Finland 7.Singapore 8.Ireland 9.Luxembourg 10.Denmark GII Main quantitative results of GII

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13 Bulgaria  Rank 39 in 2015 (up from 44 in 2014)  High Efficiency Ratio (Rank 21)  Strengths: Innovation Efficiency Ratio (rank 21); Cost of redundancy dismissal, salary weeks; Ecological sustainability; Ease of protecting investors; GERD financed by abroad; Knowledge impact; New businesses; Domestic resident utility model app./bn PPP$ GDP; Domestic resident trademark app./bn PPP$ GDP; Madrid trademark app. holders/bn PPP$ GDP; Generic top- level domains (TLDs)/th pop. 15–69; wikipedia edits.

14 Conclusions and key messages 3 3

15 AMONG THE TOP, QUALITY MATTERS  The group of top 25 performers, all high-income, remains largely unchanged from past editions  The US and the UK stay ahead of the pack in terms of innovation quality  This is the first year Czech Republic (24 th ) joins the Top 25 and Ireland is back in the Top 10 (8 th )

16 INSTITUTIONS MATTER Institutions have become the most visible differentiator, as new ideas are produced and developed across regions and income groups

17 BUSINESS SOPHISTICATION Low-income economies that have made efforts on business sophistication have been able to do well, sometimes overtaking some middle-income economies

18  National innovation policy plans are essential  Management and leadership bodies facilitate policy implementation  Coordination with other policy strategies is key (IP, education, skills, foreign investment, trade)  Understand sector linkages  Focus on existing domestic innovation capabilities  Effective policy implementation to improve innovation metrics LESSONS ON INNOVATION POLICIES Framework conditions for innovation IMPROVE Interest in demand-side measures RENOVATE A culture of innovation CREATE Innovation policies and institutions to reflect and leverage local realities ALIGN

“Innovation holds far-reaching promise for spurring economic growth in countries at all stages of development. However, realizing this promise is not automatic. Each nation must find the right mix of policies to mobilize the innate innovative and creative potential in their economies.” Francis Gurry WIPO Director General The Global Innovation Index 2015 Effective Innovation Policies for Development The Global Innovation Index 2015 Effective Innovation Policies for Development

20 Soumitra Dutta Founder and co-editor Cornell University Bruno Lanvin Co-editor INSEAD Sacha Wunsch-Vincent Co-editor WIPO Thank you for your attention Please visit us at: