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Congratulations to Switzerland 
for making it to the top of
WIPOs global #innovation index for the 13th year in a row!
Top insights from the report...
R&D spending in 2021 grew quickly at 5.2% globally and 7% for business to make up for lower investment levels during the pandemic 
However, the innovation outlook for the next couple of years is looking more uncertain 
Indicators of technological progress are looking positive across a range of domains from #supercomputers to #climatetech 
For the past 10 years, scientific publications have grown 4.8%/year and patent applications 3.4%/year 
And, despite the recent downturn, even #VC investment, in terms of deal value, has grown by an average of 20.6% per year since 2012 
But, despite all that, the socioeconomic impact of innovation has slowed with productivity stagnating, life expectancy falling and CO2 emissions rising 
The top 5 #science and #technology clusters are all in East Asia with Tokyo–Yokohama and Shenzhen–Hong Kong–Guangzhou leading the pack 
The top corporate innovators in terms of increased R&D spen include
@nvidia@bird.makeup in #hardware
www.meta.com in #software
www.boehringer-ingelheim.com
in #pharmaceuticals
www.gm.com in #Automotive
www.boeing.com in #aerospace
