Hungary ranked 33rd in global innovation

Budapest, August 17 (MTI) – Hungary has improved its position in the global innovation index compiled by the United Nation’s World Intellectual Property Organization (WIPO), ranking in 33rd, up two places.

Among Visegrad countries only the Czech Republic in 27th place beat Hungary in the 2016 index of 128 countries. Hungary’s overall score was 44.7 this year as against 43 last year.

WIPO assesses indicators such as the political, regulatory and business environment, human resources, education and infrastructure.

For the sixth time in a row, Switzerland remained top of the list, followed by Sweden, the UK, the US, Finland and Singapore. Yemen was considered the least innovative country this year.

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Source: MTI