NZ slips one place on global innovation index

Fri, 18 Jul 2014

By Pattrick Smellie July 18 (BusinessDesk) - New Zealand's global innovation ranking has slipped from 17th to 18th, while Australia has jumped three places to 17th in rankings calculated for the 2014 Global Innovation Index, compiled by Cornell University. While New Zealand scores highly in areas such as political stability (3rd), investor protection (1st), effective government (9th) and regulatory quality (4th), the overall ranking is pulled down by such low placings as 64th in economic output per person employed, 63rd in high and medium...

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