Malaysia maintains 35th spot in Global Innovation Index 2016

Kalbana Perimbanayagam

Kuala Lumpur: Malaysia maintained its position in the Global Innovation Index (GII) at the 35th spot once again for 2016.

The ranking is favourable out of the 128 countries participating in the GII, which is aimed at encouraging the creation of intellectual property and innovation.

In the upper-middle-income economies group, Malaysia stood at the second spot, just after China.

MyIPO chairman Datuk Seri Abdul Manan said although there have not been any significant changes in Malaysia’s position in GII, it was interesting to note that the number of participants have increased.

“We are on the right track. I believe that this year, we will be able to move up the ranks, as the number of registered participants is very promising for the first quarter of 2017,” he said.