The Innovation Index is a key indicator that evaluates a country’s or region’s ability to foster and sustain innovation, measuring the overall environment that supports new ideas, technological advances, and creative developments. By assessing factors such as research, technology, infrastructure, and business practices, the index provides a benchmark for comparing innovation capabilities across nations.

A higher Innovation Index score reflects a strong culture of innovation, often correlating with economic growth, competitiveness, and resilience. Policymakers and organizations use this index to evaluate their innovation policies, attract investment, and enhance their environments to support continued advancement and creativity.