singapore-global-innovation-ranking

SINGAPORE'S GLOBAL INNOVATION RANKING


International surveys consistently rank Singapore’s IP regime as one of the best in the world, demonstrating our position as a global IA/IP hub.

Singapore’s business-friendly IP regime has helped bolster the confidence of leading global companies such as Procter and Gamble, Continental, and Mead Johnson, all of whom have selected Singapore as their location of choice for investments in business and research & development, citing the country’s strong protection of IP rights as a factor in their decisions. 


IP Ranking

Global Innovation Index 2021

World Economic Forum's Global Competitiveness Report 2019

2021 Bloomberg Innovation Index

International Property Rights Index 2020

World Trademark Review IP Office Innovation Ranking 2020

1

Switzerland Singapore S. Korea Finland Singapore

2

SwedenUnited States Singapore

Switzerland

European IP Office

3

United States of America

Hong Kong SAR

Switzerland 

Singapore

South Korea, Spain, United Kingdom

4

United Kingdom
Netherlands Germany New Zealand  -

5

Republic of Korea
Switzerland Sweden Japan  -

6

Netherlands
Japan Denmark Australia Chile

7

Finland
Germany Israel
Netherlands
Australia

8

Singapore
Sweden Finland
Norway Mexico, Switzerland, Turkey, United States

9

Denmark
United Kingdom Netherlands Luxembourg  -

10

Germany
Denmark Austria
Denmark  -

 

  • The Global Innovation Index 2021, which ranks countries' innovation performance, ranked Singapore as the eighth most innovative nation in the world. Singapore ranked first in the Innovation Input Sub-Index and attained the top position for two new indicators relating to capital raising and financing – ‘Venture Capital Investors' and ‘Venture Capital Recipients’. Our top ranking in these inaugural indicators reflects Singapore’s strong commitment to catalyse more investments into innovation and technology.  

  • Singapore is ranked second in the world and top in Asia for having the best IP protection in the World Economic Forum’s Global Competitiveness Report 2019. Overall, Singapore is ranked first as the world's most competitive country.

  • The 2021 Bloomberg Innovation Index, which scores economies using factors including research and development spending, manufacturing capability and concentration of high-tech public companies, ranked Singapore second in the world.

  • Singapore is ranked third on the International Property Rights Index 2020, which measures the strength of a country's property rights regime, including both intellectual and physical property rights.

  • The World Trademark Review IP Office Innovation Ranking 2020 ranked Singapore top amongst 50 of the world’s leading IP offices, recognising them for innovation in various areas, including value-added propositions to their users, online capabilities and public outreach efforts.