Palace welcomes higher PH ranking in global innovation index

By Prince Golez

Malacañang has welcomed the Philippines’ latest ranking in the Global Innovation Index (GII).

The publication of the 13th edition of the GII on September 1 showed the country jumped by four places from last year’s ranking of 54th.

“Isa pa pong magandang balita ‘no, patuloy na gumaganda ang ranking ng Pilipinas sa Global Innovation Index. Mula sa 73 noong 2018, tumalon tayo at ngayon po ay nasa Number 54 tayo noong 2019. Sa taong 2020, tayo po ay Rank 50 mula sa 131 economies,” Presidential Spokesperson Harry Roque said in a virtual presser yesterday.

The GII ranks world economies according to their creative outputs, institutions, human capital and research, infrastructure, market sophistication, business sophistication, and knowledge and technology output.

Citing the Department of Science and Technology, Roque said the ranking “helps place innovation firmly on the policy map of economies.”

“Nakakatulong din ang Global Innovation Index para magabayan ang mga lider sa maisama ang scientific innovation bilang bahagi ng kanilang istratehiya sa ekonomiya,” he further said.