Devastating - Austria is Only the 21st Most Innovative Country in the World

Lifestyle & Travel ♦ Published: July 26, 2019; 11:11 ♦ (Vindobona)

The World Intellectual Property Organization (WIPO) named Austria's neighbor Switzerland as the world’s most innovative country, during the launch of its latest Global Innovation Index. Austria isn't even in the top 20. Biggest issues are the stagnation of public expenditure on research and development and the increase of economic protectionism.

GII Global Innovation Index: Austria isn't even in the top 20. / Picture: © Wikimedia Commons / Fabian Lackner [CC BY-SA 3.0 (]

The Global Innovation Index 2019 provides detailed metrics about the innovation performance of 129 countries and economies around the world.

Its 80 indicators explore a broad vision of innovation, including political environment, education, infrastructure and business sophistication.

Following Switzerland in the rankings are Sweden, the United States, the Netherlands and…