Japan remains 12th in global innovation ranking, trails South Korea, China

Japan remained in 12th place in an annual innovation report by the World Intellectual Property Organization this year, trailing South Korea, Singapore and China among major regional economies.The result leaves Japan well short of the government's goal of raising the country's standing to fourth or higher in the Global Innovation Index by 2035 under its intellectual property strategy for 2025.South Korea placed fourth, the highest in the Asia-Pacific region, followed by Singapore in fifth, with China ranked 10th. The positions of South Korea, Japan and China remained unchanged from last year…READ FULL ARTICLE