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March 29
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Armenia is ranked 59th in the Global Innovation Index Rankings 2013, a repot ranking 142 states on their innovation capabilities.

The country has climbed 10 spots as compared with last year and is included in the group of innovation learners together with the Republic of Moldova, China, India, Uganda, Viet Nam, Malaysia, Jordan, Mongolia, Mali, Kenya, Senegal, Hungary, Georgia, Montenegro, Costa Rica, Tajikistan and Latvia.

Each country is considered in its respective income group. Armenia is listed among lower-middle-income economies and is one of the leaders of the group in terms of innovation capabilities.

As to other regional states, Azerbaijan is ranked the 105th, Georgia – 73rd, Turkey – 68th, and Iran is only 113th.

Global Innovation Index 2013 is produced by INSEAD, WIPO and Cornell University.

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