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Estonia leads emerging Europe in Global Innovation Index

Estonia is the most innovative economy in emerging Europe, and the 24th most innovative globally, writes Emerging Europe according to the 2019 Global Innovation Index (GII).

The Global Innovation Index 2019 reveals that most of Estonia’s strengths lie in the fields of ​​creativity, knowledge and technology. Estonia is preceded in the index by Belgium and followed by New Zealand. Fifteen of the top 25 GII economies are in Europe.

Every year, the Global Innovation Index, the result of a collaboration between Cornell University, INSEAD, and the World Intellectual Property Organization (WIPO), ranks the innovation performance of nearly 130 economies around the world.

The index is computed by taking a simple average of the scores in two sub-indices – the Innovation Input Index and Innovation Output Index, which are composed of five and two pillars, respectively. Each of these pillars describe an attribute of innovation and comprise up to five indicators, and their score is calculated by the weighted average method.

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