DataBank

Metadata Glossary

CodeGCI.12THPILLAR.XQ
Indicator Name12th pillar: Innovation
Short definitionThis indicator is a derived from the following indicators: (a) Capacity for innovation (b) Quality of scientific research institutions (c) Company spending on Research & Development (d) University-industry collaboration in R&D (e) Government procurement of advanced tech product (f) Availability of scientist and engineers and (g) Utility patents per million population.
Long definitionThis indicator is a derived from the following indicators: (a) Capacity for innovation (b) Quality of scientific research institutions (c) Company spending on R&D (d) University-industry collaboration in R&D (e) Gov’t procurement of advanced tech product (f) Availability of scientist and engineers and (g) Utility patents per million population.
SourceThe Global Competitiveness Report: various issues (http://gcr.weforum.org/).
TopicPublic Sector: Policy & institutions
PeriodicityAnnual
General commentsTwo types of data are used in the GCI: (a) Survey data:These data are the results drawn from the World Economic Forum’s Executive Opinion Survey. (b) Hard data: These data come from indicators obtained from a variety of sources.
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