CREDIBLE INFORMATION ON INNOVATION ACTIVITIES IN AFRICA AND THE 2022 INNOVATION INDEXES
ES Nwauche / Professor of Law, University of Fort Hare, South Africa / enwauche@ufh.ac.za Two innovation indexes released in 2022 provide a snapshot of the innovation profile of the world’s economies. The first index is the Global Innovation Index (GII) 2022 released by the World Intellectual Property Organisation (WIPO) and tracked the future of innovation-driven growth worldwide through data on innovation investments (research & development); intellectual property fillings (patents, designs trademarks); venture capital; indicators of technological progress [semiconductor speed, electric battery prices, the cost of renewable energy and drug approvals]; Digital Innovation Age [supercomputing, artificial intelligence and automation impacting productivity] and deep science innovation wave [breakthroughs in biotechnologies, nanotechnologies, new materials and other sciences revolutionizing innovations in health, food, environment, and mobility]. ...