The Global Innovation index (GII) ranking for the first half of 2013 has been released. Switzerland, Sweden, and United Kingdom have taken the top 3 positions. Netherlands and United States completes the top 5 ranking.
Why Innovation is Important?
During recession, the focus has been on reducing debt, and efficiently utilizing the stimulus but that was a temporary position most economies adopted to handle the uncertainties in the market. Economies recovered from recession through innovation, increased productivity, and job creation.
Countries Participating in 2013
The GII 2013 evaluated 142 economies around the world based on 84 performance indicators. Some of the important indicators are quality of top universities, availability of funds – micro-finance & Venture Capital, innovation capability & tangible results.
MBA Job Markets & Innovation Index
Although the report covers several economies, we have picked countries that are popular MBA and post-MBA destinations, and have ranked them according to the Innovation index score. Our top MBA job markets article will give you an idea about top MBA job markets based on cost of living and purchasing power.
Interesting Findings
We have listed the top 10 MBA job markets based on cost of living and purchasing power, and put an innovation rank on the right of each market based on the innovation index report 2013.
1) United States (5)
2) Germany (15)
3) Canada (11)
4) United Kingdom (3)
5) Netherlands (4)
6) India (66)
7) France (20)
8) Italy (29)
9) Portugal (34)
10) Australia (19)
India, Portugal, and Italy have the lowest innovation ranking when you consider the top Post MBA destinations.
Expectation
High-income economies have dominated the ranking from 2007 when the innovation index was first published. However, emerging economies, especially Latin America has shown considerable improvement in ranking over the past 5 years, and experts believe that the trend will continue.
Governments in emerging economies have realized that to compete in a Global economy, efficiency and productivity is not enough. A renewed look at collaboration that would introduce new concepts and approaches is necessary to position the economy competitively in a global market.
Now let us look at the top MBA Destinations and how they rank if we arrange them based on Innovation Score.
2013 Top MBA Destinations Based on Innovation Index
| Rank | Country | Score |
|---|---|---|
| 1 | Switzerland | 66.6 |
| 3 | United Kingdom | 61.2 |
| 4 | Netherlands | 61.1 |
| 5 | United States of America | 60.3 |
| 8 | Singapore | 59.4 |
| 9 | Denmark | 58.3 |
| 10 | Ireland | 57.9 |
| 11 | Canada | 57.6 |
| 14 | Israel | 56 |
| 15 | Germany | 55.8 |
| 19 | Australia | 53.1 |
| 20 | France | 52.8 |
| 26 | Spain | 49.4 |
| 29 | Italy | 47.8 |
| 32 | Malaysia | 46.9 |
| 34 | Portugal | 45.1 |
| 35 | China | 44.7 |
| 63 | Mexico | 36.8 |
| 64 | Brazil | 36.3 |
| 66 | India | 36.2 |
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Comprehensive MBA Research Guide: Includes Top MBA Programs by 19 Specializations:
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+ Top MBA Program Ranking
Top 20 MBA Programs - Tuition Fee (2018)
Top 31 MBA Programs in United States – Total Cost & Salary (2017)
Top 60 MBA – GMAT and GPA (Average & Median)
Top 20 European MBA Programs - Tuition Fee, Total Cost & Salary
Top 20 European MBA Programs (Based on Actual Salary Increase)
Top 20 European MBA Programs (Short-term return on investment)
Top 20 Affordable European MBA Programs
Top 10 MBA in UK – Salary & Fee (2018)
Top MBA Destinations Based on Happiness Index
Top MBA Destinations based on Innovation Index
Top 10 MBA Job Markets based on Cost of living and Purchasing Power
Top MBA Destination: By Economy
+Comparisons - Top MBA Programs
Wharton vs. Columbia MBA (2018)
MIT vs. Stanford MBA (2017)
Haas vs. Ross MBA (2018)
Kellogg vs Ross MBA
Booth vs Wharton MBA
MIT Sloan vs Tuck MBA
IMD vs. INSEAD MBA (2017)
IIMA vs. ISB (2017)
Harvard vs. Stanford MBA (2017)
+ MBA in France (2018)
Top Industries in France
Top MBA Programs in France
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Ranking
Class Profile
Cost
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Post-MBA Salary
Scholarships in France
External Funding
External Funding
+ MBA in the UK (2018)
Top Industries in the UK
Top MBA Programs in the UK
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Post-MBA Salary
Scholarships in the UK
External Funding
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