Top MBA Destinations based on Innovation Index: Switzerland, Netherlands and United Kingdom Leads

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