ABU DHABI: The Brazilian states of São Paulo, Santa Catarina, Paraná, Rio de Janeiro, and Rio Grande do Sul are the most innovative economies in the country, according to the first edition of the Brazil Innovation and Development Index (IBID, in Portuguese).
The National Institute of Industrial Property (INPI), an organisation linked to the Ministry of Development, Industry, Trade and Services, released the Index on Monday, as stated by Agência Brasil.
The index considers different aspects of identifying national and regional leaders in innovation. It is made up of 74 indicators, which are divided into seven pillars: institutions, human capital, infrastructure, economy, business, knowledge and technology, and creative economy. These pillars are then divided into 21 elements, such as credit, investments, education, regulatory environment, sustainability, knowledge creation, among others.
In a statement, the INPI Chairman Júlio César Moreira declared that the institute provided the country with a benchmark f
or measuring innovation with regional reach. “It is a fundamental instrument for formulating and monitoring public policies,” said Moreira.
São Paulo, the largest contributor to Brazil’s GDP, is the national leader, scoring 0.891 on a scale of 0 to 1. The state of Santa Catarina takes second place with an index of 0.415, followed by Paraná with 0.406, Rio de Janeiro with 0.402, and Rio Grande do Sul with 0.401. The national average is 0.291.
The ranking highlights inequalities and national diversities. While the Southeast and South concentrate innovation in the country, with states occupying seven of the top eight positions in the overall ranking, the North and Northeast are concentrated at the bottom. The data showed, however, that considering the population’s income level – measured by GDP per capita, economies in the Northeast perform better than expected in terms of innovation.
“Brazil is a country of continental dimensions, with profound diversity throughout its very vast territory. This diversity in
Brazil is visible; it is portrayed by a set of economic, social, environmental, cultural, and demographic indicators. And the objective of IBID in this context is precisely to fill an important gap in the national statistical system,” added INPI’s chief economist Rodrigo Ventura to Agência Brasil.
The IBID was developed using the methodology of the Global Innovation Index of the World Intellectual Property Organisation. INPI claimed that the Brazilian indicator is the sixth national index created using this methodology. Only the European Union, China, India, Colombia, and Vietnam have their own indexes.
The Global Innovation Index has been published since 2007 and ranks 132 countries based on their potential and challenges. In the most recent edition, in 2023, Brazil occupied the 49th position in the world ranking and the first in the region (Latin America and the Caribbean), rising five places compared to the previous year.
Source : Emirates News Agency
