Business Ingenuity Across Borders: Global Innovation Index's Business Sophistication
Our website provides access to the Global Innovation Index's Business Sophistication 2022, which measures the level of business sophistication in countries worldwide. This index, sourced from the Global Innovation Index, evaluates various criteria such as the quality of the business environment, business sophistication, and intellectual property protection to assess the level of business sophistication in a country.
According to the Global Innovation Index's Business Sophistication 2022, Sweden ranks first in terms of business sophistication, followed by Singapore in second place and the United States in third place. These countries are recognized for their advanced and innovative business ecosystems, characterized by a favorable business environment, high levels of business sophistication, and effective intellectual property protection. Their business sectors exhibit strong capabilities in terms of innovation, research and development, and entrepreneurship.
On the other hand, Myanmar ranks 130th in the index, followed by Angola in 131st place and Iraq in 132nd place. These rankings indicate that these countries face challenges in terms of business sophistication, which may hinder their ability to attract investments, foster entrepreneurship, and drive innovation in their respective business sectors.
The Global Innovation Index's Business Sophistication is measured on an index scale, allowing for comparisons across different countries. Higher index values signify a higher level of business sophistication.
Our website provides comprehensive data and reports on the Global Innovation Index, enabling users to explore and analyze business sophistication in different countries. Whether you are interested in understanding the quality of the business environment, business capabilities, or intellectual property protection, our website serves as a valuable resource for accessing this information.
