South Korea: Innovation index

(measure: points; source: Cornell University, INSEAD, and the WIPO)

South Korea: Innovations index (0-100)

: For that indicator, Cornell University, INSEAD, and the WIPO provides data for South Korea from 2011 to 2016. The average value for South Korea during that period was 54.93 points with a minumum of 53.3 points in 2013 and a maximum of 57.1 points in 2016. See the global rankings for that indicator or use the country comparator to compare trends over time.
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The Global Innovation Index capture elements of the national economy that enable innovative activities: (1) Institutions, (2) Human capital and research, (3) Infrastructure, (4) Market sophistication, and (5) Business sophistication. Two output pillars capture actual evidence of innovation outputs: (6) Knowledge and technology outputs and (7) Creative outputs. The full report, data, and documentation are available at global innovation index

Definition: The Global Innovation Index includes two sub-indices: the Innovation Input Sub-Index and the Innovation Output Sub-Index. The first sub-index is based on five pillars: Institutions, Human capital and research, Infrastructure, Market sophistication, and Business sophistication. The second sub-index is based on two pillars: Knowledge and technology outputs and Creative outputs. Each pillar is divided into sub-pillars and each sub-pillar is composed of individual indicators.