‘Innovation divide’ persists; investment crucial to vibrant competitive economy, says UN agency
15 August 2016 – A new report published by the United Nations World Intellectual Property Organization (WIPO) has shown that for the first time, a middle-income country, China, has joined highly developed economies among global leaders in innovation. “China’s progression reflects the country’s improved innovation performance as well as methodological considerations such as improved innovation metrics in the GII ,” noted a press release issued by WIPO today. However, despite China’s rise, an “innovation divide” persists between…