IAA Malaysia is pleased to share with the Global Innovation Index 2020 (GII) released this week. Read how Malaysia fared in this index.
Malaysia ranks 33rd, up by two positions. It increases its rank in the Innovation Output Sub-Index (36th, up by 3) and remains stable in the Innovation Input Sub-index (34th). It shows relative strengths at the sub-pillar level in both inputs and outputs.
In the inputs-side, sub-pillar Tertiary education (8th) is a strength for Malaysia, where it ranks 4th in Graduates in science & engineering and 17th in the quality of top 3 universities. Conversely, in the outputs-side, it ranks 28th in sub-pillar Intangible assets and 7th in the new GII indicator Global brands value (and a relative strength), thanks to 60 brands in the top 5,000, led by Petronas.
Other top 20 indicators are strengths for Malaysia including: Ease of protecting minority investors (2nd), Market capitalization (7th), University and industry research collaboration (14th), State of cluster development (7th), High Tech imports (3rd), High-tech net exports (1st), and Creative goods exports (1st).
Next, IAA will be partnering Brand Finance in the release of the Top 100 most valuable Malaysian brands 2020 in October.
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