The number of patents registered, product and production process sustainability, the share of knowledge workers in a country — these are just three of a total of 82 criteria utilized by the publishers of the Global Innovation Index 2016 (GII) to determine the innovative strength of individual nations. The GII is published annually by Cornell University, INSEAD Business School, and the World Intellectual Property Organization (WIPO). The index is an internationally recognized performance indicator for those who want an overview of the degrees of innovation within the global community. In 2014, the index also focused especially on the “human factor in innovation.” Its conclusion: Where there is no human capital, there is virtually no progress.
That makes sense, since a country can only be as innovative as its companies. These, in turn, can only be creative and inventive if they invest extensively in research and development, work closely with universities, establish strategic partnerships, and continually update their portfolios of patented products and processes. However, none of this can happen if the employees at such companies are not innovative themselves — and in order to be innovative, employees must be educated.