Ecuador is Between Countries of Lower Levels of Innovation, Report Says

Most Latin American countries have lower levels of innovation than others with the same gross domestic product (GDP) per capita, although there are some exceptions such as Chile, which has the greatest capacity for innovation in the region. This follows the report on the Global Innovation Index 2012, which today introduced the director of the World Intellectual Property Organization (WIPO), Francis Gurry.
141 countries were analyzed in the ranking. Ecuador is ranked 98. Colombia, Paraguay, Guatemala and Nicaragua are above the average rate of innovation with respect to other countries with their same per capita income, while Honduras, Bolivia, Ecuador, El Salvador, Mexico, Venezuela, Costa Rica, Brazil, Argentina and Peru recorded a lower rate under the same criteria.
The only countries in the region that improved their position in the list were Colombia, that climbed six places to stand at number 65, Peru, which rose 8 places to the step 75 of the classification, Nicaragua, which improved 5 places to the number 105 and Mexico jumped from 81 to 79. Chile, however, the Latin American country with the highest innovation jumped from 38 to 39, while Brazil fell 14 places to number 58.
According to the analysis, Switzerland ranks first worldwide in the list of countries with greater capacity for innovation (68.2) and is followed by Sweden, Singapore and Finland. (FL)