With 28.97 points out of a hundred, Morocco is the 75th country out of 131, in terms of innovation, according to the latest ranking of the World Intellectual Property Organization (WIPO), in partnership with Cornell University and the European Institute of ‘business Administration. In 2019, it was ranked 74th out of 129 countries.
The Global innovation index, published this year on the theme of “Financing innovation”, provides a better understanding of the means of stimulating innovation activity for better economic and human development. It classifies 131 economies through 80 sub-indices, spread over seven main indicators: institutions, human and research capital, infrastructure, market development index, that of the business environment, of the production of knowledge and technology and the innovation index.
Morocco ranked 77th in institutions, 107th in business development, 81st in human capital, 60th in knowledge and technology production, 71st in infrastructure, 75th in innovation and 88th in market development.
At the Arab level, Morocco ranks fifth, behind the United Arab Emirates (34th worldwide), Tunisia (65th), Saudi Arabia (66th) and Qatar (70th). In the MENA region, the country does slightly better than Kuwait (78th) and Bahrain (79th), and ahead of Jordan (81st), Oman (84th), Lebanon (87th), Egypt (96th) and Algeria (121st). On the continental level, Morocco is fourth in Africa, behind Mauritius (52nd), South Africa (60th) and Tunisia (65th).
Internationally, Switzerland remains the most innovative country in the world, followed by Sweden in second place, then the United States, the United Kingdom and the Netherlands. This world ranking is closed by Ethiopia, ranked 127th, followed by Niger (128th), Myanmar (129th), Guinea (130th) and Yemen in last place.
In this edition, the Global innovation index 2020 has tried to shed light on the state of innovation financing, from the point of view of the evolution of existing mechanisms in each country and, thereby, show the strengths and the weak points in this area. The Global innovation index has become a measurement tool that can facilitate synergies in terms of innovation, especially between the public and private sectors. Through its data, it allows policy makers and investors in the sector to assess progress on an annual basis.