10 Aug 2018
The Kingdom moved up three places in this year’s edition of the Global Innovation Index (GII), published by Cornell University’s business school and the World Intellectual Property Organisation.
Ranked in the 98th spot out of 126 countries analysed, Cambodia moved three notches from its position last year at 101 out of 127.
The study scores countries on factors related to innovation such as education, patent applications, technology adoption, industrial research collaboration, FDI inflows, knowledge-intensive employment, and many other aspects.
“Cambodia is relatively new in the global innovation landscape. Within the Asean group, [Cambodia] is second after Singapore in FDI inflows.
“It scores relatively well in the state of cluster development,” the report said, adding however that Cambodia still lags behind in many other indicators.