Tashkent, Uzbekistan (UzDaily.com) -- On 2 September 2020, the World Intellectual Property Organization (WIPO) and Cornell University presented the Global Innovation Index (GII) 2020.

The report focuses on a long-standing issue for both business and political circles: how to stimulate innovative entrepreneurship and social, cultural and economic development. Today, amid a global economic shock that exacerbates the damage of the pandemic, GII 2020 will also address the urgent need for new methods of financing innovation in the post-coronavirus world.

GII 2020 uses 80 parameters to assess the innovation potential and achievements of 131 countries and territories around the world. So, what dynamics is observed in the innovation activity of countries this year?

First of all, the re-inclusion of Uzbekistan in the Global Innovation Index after a long break is one of the main and important changes for us. This can be seen as a result of the reforms being carried out in the country, in particular, the policy of transparency and openness, as well as positive changes in the innovation sphere.

It is known that the last time the Republic of Uzbekistan ranked 122nd out of more than 140 countries in this international ranking in 2015. In 2020, Uzbekistan ranked 93rd among 131 countries.

In the Global Innovation Index ranking, which consists of 80 indicators in 2020, Uzbekistan achieved positive results in such indicators as Institutions, Human capital and research, Infrastructure, results of the knowledge and technology economy. (Knowledge & technology outputs) and Effectiveness of creative work (Creative outputs).

In this regard, we present the results achieved in 2020 by the leading countries in the Global Innovation Index, neighboring countries and some other economies. Switzerland - 1st place, Russia - 47th place, Kazakhstan - 77th place, Kyrgyzstan - 94th place, Tajikistan - 109th place.