The “Global Innovation Index 2023” report presents a comprehensive view of the global innovation landscape, showcasing the innovative performance of 132 countries along with the world’s top 100 science and technology clusters. The 2023 edition focuses on innovation in the face of uncertainty, highlighting significant technological progress, especially in AI and biotechnology. It also addresses challenges like economic volatility and uneven technological adoption. The report emphasizes the importance of nurturing innovation ecosystems globally and encourages the use of its findings for informed policymaking and fostering collaborative growth.

In the 2023 Global Innovation Index, Romania ranks 47th overall and 55th in input rank, characterized as a high-income European country with a population of 19.7 million and a GDP of $731.5 billion (PPP). Key highlights include:

• Business sophistication is notable, ranking 51st globally, with specific strengths in knowledge workers and business R&D expenditure.
• Romania shows potential in knowledge and technology outputs, particularly in knowledge diffusion and high-tech manufacturing.
• The country faces challenges in human capital and research, ranking 75th, indicating room for improvement in education and R&D sectors.
• Infrastructure and market sophistication are areas of mixed performance, with strengths in ecological sustainability and trade, but weaknesses in the business environment and investment sectors.

Overall, Romania demonstrates a balanced innovation profile with specific areas of strength and opportunities for growth.

Source: World Intellectual Property Organization Global Innovation Index (2023).