WIPO Global Innovation Index 2024: Unlocking the Promise of Social Entrepreneurship

The Global Innovation Index 2024 (GII) provides a snapshot of innovation within a context of steady yet slow global economic growth, reduced innovation financing, and stagnant productivity. It ranks the innovation performance of approximately 130 economies, shedding light on both their strengths and weaknesses in innovation. According to GII 2024, Switzerland, Sweden, the United States, Singapore, and the United Kingdom rank as the world's most innovative economies. This year, the GII also emphasises the increasing importance of "social entrepreneurship," which serves as a vital source of innovation frequently neglected by policymakers, innovation economists, development agencies, and funding institutions.