Thursday, 21 Nov 2019 | 24 Rabi Al Awwal 1441
Sultanate ranked 69th in Global Innovation Index

Sultanate ranked 69th in Global Innovation Index

Dr Sharifa Hammoud al Harthiya, director, National Innovation Strategy at The Research Council, mentioned, “The Global Innovation Index results which were announced a few days ago, provides detailed metrics about the innovation performance of 126 countries and economies around the world, including political environment, education, infrastructure and business sophistication.”

Dr Sharifa mentioned that Oman’s enhanced ranking is due to the efficient management of monetary and human sources as component of the ninth 5-year program. “We have focused on revolutionary initiatives across government institutions as nicely as consolidated efforts of relevant institutions via developing partnerships and making effective collaboration bridges.

“GII reports are among the indicators that are considered for the follow-up with the performance of the National Innovation Strategy, which aims to have a well-planned innovation system that ensures the activation of linkages among its components in the sultanate.”

Among the milestones accomplished in 2018 was the establishment of the Omani Society of Intellectual Property as component of the National Innovation Strategy that has contributed to the improvement of the sultanate’s ranking. GII contains 80 indicators, supervised by a group of professionals from international organisations and worldwide universities. With regard to the greater education indicator, Oman has accomplished the fourth rank in GII.

Oman has also been ranked amongst the leading 20 nations in terms of the all round expenditure on education, and ranked amongst the leading ten in terms of expenditure on education per student.

With regard to the ease of establishing begin-ups, Oman has been classified below the leading 30 in the index and it has been ranked amongst the leading 40 nations in terms of human capital and study.

Information Source: Muscat Daily

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