Hong Kong's ranking in Global Innovation Index rises
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As regards the two sub-indices under the GII, Hong Kong's ranking with respect to the "Innovation Input" sub-index rose to 8th globally, and its ranking in the "Innovation Output" sub-index leapt by nine places to 22nd.
Hong Kong's scores in all five pillars under the "Innovation Input" sub-index were higher than the high-income group averages, with "Market Sophistication" ranking 2nd globally and "Institutions" ranking 8th globally. As for sub-pillars, Hong Kong topped the ranking in "Credit", and ranked among the global top 10 in many areas, including "Tertiary Education" (3rd), "Knowledge Absorption" (5th), "Information and Communication Technology (ICT)" (6th), "Institutional Environment" (9th) and "Investment" (9th). Data also showed that Hong Kong's gross expenditure on research and development (R&D) and the number of researchers continued to rise.
As for the "Innovation Output" sub-index, Hong Kong's ranking in the "Knowledge and Technology Outputs" pillar jumped notably by 28 places to 30th. It ranked 17th globally in the "Creative Outputs" pillar, with the "Creative Goods and Services" (7th) sub-pillar also ranking among the global leading positions. Data also showed that Hong Kong's number of patents and high-tech manufacturing output continued to increase.
A spokesman for the Hong Kong Special Administrative Region Government today said, "We are pleased to see the good progress Hong Kong has achieved in the GII. Expediting the development of innovation and technology has been a policy priority of the Government. In recent years, Hong Kong has been actively optimising the local I&T landscape. A development framework supported by 'three major I&T parks' and 'five key R&D institutions' is taking shape. Meanwhile, the Government has launched a series of conducive policy initiatives to consolidate Hong Kong's strengths in basic research, accelerate the midstream technology transfer and commercialisation of R&D outcomes, and foster the development of the I&T industry. Developing I&T requires sustained capital investment and talent support. Hong Kong's leading rankings in the 'Credit', 'Investment', 'Tertiary Education' and 'Knowledge Absorption' sub-pillars fully demonstrate that Hong Kong is well positioned to continuously advance in innovation. We will continue to enhance the I&T ecosystem and attract global I&T resources and talent, with a view to developing Hong Kong into an international I&T centre at full steam."
The GII is a ranking of the innovation capabilities and achievements of economies around the world. Its evaluation criteria cover multiple aspects, including institutions, human capital and research infrastructure, credit, investment, collaboration, knowledge creation, absorption and diffusion, and creative outputs.
The GII consists of two sub-indices: "Innovation Input" and "Innovation Output". There are five pillars under the "Innovation Input" sub-index, namely "Institutions", "Market Sophistication", "Business Sophistication", "Human Capital and Research" and "Infrastructure"; and two pillars under the "Innovation Output" sub-index, namely "Knowledge and Technology Outputs" and "Creative Outputs". Each of the above pillars is further broken down into three sub-pillars.
Ends/Tuesday, September 16, 2025
Issued at HKT 18:45
Issued at HKT 18:45
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