Madagascar is showing positive progress in terms of innovation. This is what emerges in any case from the 2023 edition of the Global Innovation Index.
Published annually by the World Intellectual Property Organization (WIPO), the index in question reveals the ranking of the most innovative economies in the world..
Performance commended.This is a kind of global benchmark in measuring the performance of a country’s innovation ecosystem. Ranked 107th out of 132 countries, Madagascar does not have to be ashamed of its performance, which improves year after year. Indeed, in the ranking among the group of low-income countries, Madagascar is in the top three. The Big Island is thus in second position after Rwanda and ahead of Togo among the 12 countries in this category. A performance congratulated by WIPO through the working visit recently carried out by Dr. Sacha Wunsch-Vincent, economist and senior official of the Organization. During her meeting with the Director General of WIPO, Lalaina Priscilla Andrianarivo, the latter insisted on the essential roles of industrial property which stimulate the country’s economic development through the national strategy for industrial property and innovation. The OMAPI DG, for his part, highlighted the desire of this parastatal organization to strengthen collaboration with WIPO, as well as the implementation of various improvement projects.
Success.In short, compared to its level of development, Madagascar is performing better than expected. Innovation results far surpass those of comparable countries in terms of gross domestic product per capita. This success can be explained in particular by excellent performance in the areas of creativity and human capital. Madagascar stands out, in particular, for the high number of students in engineering and science fields. In addition, the country makes substantial use of intellectual property, particularly with regard to trademarks and industrial designs, and plays a growing role in IT services skills. And the best is yet to come with the various projects planned. In particular, on the revaluation of the innovation policy and the implementation of a new industrial property strategy, under the aegis of OMAPI in collaboration with WIPO. “These initiatives are intended to strengthen the country’s innovation potential, which has the advantage of being rich in know-how, creativity, crafts, natural mineral and agricultural resources, and endowed with a youth eager for success and rewarding jobs,” explains the DG of OMAPI.
R.Edmond.
The post Global Innovation Index: Madagascar in the top three among the group of low-income countries first appeared on Midi Madagasikara.
The article Global Innovation Index: Madagascar in the top three among the group of low-income countries appeared first on Midi Madagasikara.