Published September 23, 2024 | Version v1
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Knowledge and Technology Outputs at a Global Level

Description

The Knowledge and Technology Outputs index is a measure used in the context of the Global Innovation Index (GII) to assess a country's ability to transform innovation into tangible results in the field of knowledge and technology. This index takes into account various indicators reflecting a nation's scientific and technological output, including patents, scientific publications, and the export of high-tech goods and services. It also examines the impact of the knowledge produced, such as its application in industrial processes and its contribution to the economy through innovation.  The variable is crucial because it measures not only the inputs in innovation processes, such as spending on research and development, but especially the outputs, meaning the concrete results derived from investments and innovative efforts. A country with a high score in the Knowledge and Technology Outputs index is considered particularly adept at translating knowledge into technological innovations, patents, and solutions that can be commercialized or applied to improve production.  In summary, this index provides a clear view of a country's effectiveness in generating concrete results through knowledge and innovation, and offers valuable insights into an economy's ability to compete globally by leveraging its scientific and technological resources.

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Dates

Available
2024