Logo of Phnom Penh Post newspaper Phnom Penh Post - Kingdom moves up on innovation index

Kingdom moves up on innovation index

Content image - Phnom Penh Post
A person holds a phone displaying a ride-hail app at Phnom Penh’s Independence Monument. The Kingdom rose three spots in an annual index measuring innovation. Pha Lina

Kingdom moves up on innovation index

The Kingdom moved up three places in this year’s edition of the Global Innovation Index (GII), published by Cornell University’s business school and the World Intellectual Property Organisation.

Ranked in the 98th spot out of 126 countries analysed, Cambodia moved three notches from its position last year at 101 out of 127.

The study scores countries on factors related to innovation such as education, patent applications, technology adoption, industrial research collaboration, FDI inflows, knowledge-intensive employment, and many other aspects.

“Cambodia is relatively new in the global innovation landscape. Within the Asean group, [Cambodia] is second after Singapore in FDI inflows.

“It scores relatively well in the state of cluster development,” the report said, adding however that Cambodia still lags behind in many other indicators.

This year, Asean member countries were ranked within the top 100 of the GII. But Cambodia’s ranking was the lowest of any country in Asia. It must be noted that Laos and Myanmar were not included in the report.

Singapore tops Asean

Singapore had the highest score among Asean members in many of the selected indicators and ranked in the number five spot.

Malaysia moved up two positions from last year and now holds the 35th spot, while Thailand moved up seven positions to reach an overall ranking of 44.

MOST VIEWED

  • EU officials: Ending EBA an 18-month procedure

    EU officials have confirmed that it will take a total of 18 months to complete the procedure if Cambodia’s preferential Everything But Arms (EBA) trade agreement is to be withdrawn. According to EU Agriculture and Rural Development spokesman Daniel Rosario, the formal process has not

  • IPU slams government claim

    The president of the Inter-Parliamentary Union (IPU), Gabriela Cuevas Barron, has refuted a claim by the National Assembly that she “highly appreciated the achievements of Cambodia” in its July national elections with a tweet saying “Of course not!” before adding “No congratulations”. A delegation from

  • Conflict lingers on Paris Accords

    As the Kingdom prepares to commemorate on October 23 the 27th anniversary of the signing of the 1991 Paris Peace Accords, which ushered in an end to nearly two decades of civil war, there is political conflict on whether the tenets of the agreement are still being

  • EU agrees VN trade deal despite rights concerns

    The EU on Wednesday agreed to a free-trade agreement (FTA) with Vietnam, a country described as having a “major rights-abusing government”. This comes amid the 28-nation bloc preparing the procedure for a possible withdrawal of Cambodia’s Everything But Arms (EBA) preferential trade agreement on