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.