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Brazil rises in global innovation ranking

On September 2, 2020, the World Intellectual Property Organization (WIPO) published the Global Innovation Index 2020. On this edition, the relevance of financial support for innovation activities is discussed by mapping of current financing mechanisms and considerations as to existing challenges and development tendencies.

At the innovation global ranking, Brazil occupies the 62nd position this year. Despite of still being far from the 47th position (conquered in 2011), it rose four positions in relation to 2019. Considering Latin America and Caribbean, Brazil occupies the 4th position, behind Chile, Mexico and Costa Rica.

Further, the intensity of research & development (R&D) activities in Brazil is comparable to some European countries. Brazil also shows good performance as to production of scientific and technical articles, as well as patents, when compared to other countries from Latin America and Caribbean.

However, according to the National Confederation of Industry (CNI), which contributes for the production and promotion of the report since 2017, Brazil’s improvement is not aligned with its potential. The financing of innovation should be improved, as well as strengthening partnerships, preparation of long-term policies and prioritizing qualified professional education.

The full report can be accessed at

More information is available at .