Balikbayan Magazine
  • Balikbayan Magazine Quarterly
  • World
    • Asia
    • Australia
    • Canada
    • Russia
    • Latin America
    • United States
    • Europe
  • Business & Wealth
    • Entrepreneur
    • Real Estate
    • The Economy
    • Leaders
    • Technology
    • Retirement
  • Travel
    • Balikbayan Journals
    • Destinations
    • Hotels & Resorts
    • Travel Guide
    • Wine & Dine
  • Features
    • Arts & Culture
    • Columnists
    • Events
    • Publisher’s Note
    • Style
Balikbayan Magazine Balikbayan Magazine

The Global Business, Investment, & Travel Briefing for the Global Filipino Community

Balikbayan Magazine Balikbayan Magazine Balikbayan Magazine
  • Balikbayan Magazine Quarterly
  • World
    • Asia
    • Australia
    • Canada
    • Russia
    • Latin America
    • United States
    • Europe
  • Business & Wealth
    • Entrepreneur
    • Real Estate
    • The Economy
    • Leaders
    • Technology
    • Retirement
  • Travel
    • Balikbayan Journals
    • Destinations
    • Hotels & Resorts
    • Travel Guide
    • Wine & Dine
  • Features
    • Arts & Culture
    • Columnists
    • Events
    • Publisher’s Note
    • Style
Facebook
Instagram
  • Leaders
  • Technology
  • The Economy

Proof of progress — the Philippines jumps 19 spots in updated Global Innovation Index

  • July 27, 2019
  • Balikbayan Media Center
Total
0
Shares
0
0
0
Share
Tweet
Share


The Philippines skyrockets from 73rd to 54th place out of 129 countries in the 2019 Global Innovation Index (GII), scoring 36.18 this year from last year’s 31.56.

The country’s scores significantly increased in five of the GII’s eight pillars: 

1) Institutions;
2) Infrastructure;
3) Business Sophistication;
4) Knowledge & Technology Outputs;
5) Creative Outputs.

“This is great news for our nation and our innovation ecosystem as a whole. It recognizes the efforts of the various government agencies like DTI, DOST, and NEDA in advancing innovation among our people and MSMEs, creating an innovative culture, as well as in building linkages with academe and industry,” said Secretary Ramon Lopez.

“With President Duterte’s signing into law of the Philippine Innovation Act (RA11293) and Innovative Startup Act (RA11337), we expect further improvements in our ranking as we intensify our efforts to build our country’s innovation and entrepreneurship ecosystem, accelerate and globalize our startups, and better prepare our MSMEs and industries for the Fourth Industrial Revolution,” added Secretary Lopez.

The country’s score and rankings in the GII’s input and output sub-indices improved. From 39.14 in 2018 and ranking 82nd, the Philippine input sub-index score has risen to 41.68 and ranks 76th. From 23.98 in 2018 and ranking 68th, the Philippine output sub-index score has increased to 30.68 and ranks 42nd.

The GII 2019 notes that among the Philippines’s strengths are the percentage of tertiary graduates in science and engineering; e-participation; percentage of firms offering formal training; trade, competition, and market scale; knowledge absorption; knowledge diffusion; and creative goods exports.

“With innovation at the heart of our Inclusive Innovation Industrial Strategy (i3S) and the implementation of the Ease of Doing Business and Efficient Delivery of Government Services, the DTI is confident that we can further improve our innovation and entrepreneurship ecosystem. In collaboration with DOST and other national government agencies and our partners from industry and the academic community, our focus is in strengthening our human capital, building our capacity for research and development, and facilitating technology transfer and the conduct and commercialization of market-oriented research,” remarked Undersecretary for Competitiveness and Innovation Rafaelita Aldaba.

Together with DOST, NEDA, DA, DICT, CHED, and DepEd, the DTI formulated and is implementing the Inclusive Filipinnovation and Entrepreneurship Roadmap. The Roadmap aims to bridge the gaps in the country’s innovation and entrepreneurship ecosystem towards fostering connected and creative communities across the country. Through Regional Inclusive Innovation Centers (RIICs), the DTI envisions the transformation of the country’s regions into productive and innovative economic growth centers.

Balikbayan Media Center

Balikbayan Magazine's Media Center serves an audience in 60 countries and 101 cities throughout the World to ignite, drive, and fuel the economic development, progression, and modernisation of the Philippines. Our Media Center curates only the most critical, vital, useful, entertaining, and sometimes amusing information released from both the public and private sector. Our editorial team strongly believes that a well-rounded and well-informed society is a thriving society.

Related Topics
  • Department of Science and Technology
  • Department of Trade and Industry
  • National Economic and Development Authority
  • President Duterte
Previous Article
  • Entrepreneur
  • Events
  • United States

SouthBay Pavilion Mall in Carson City, Los Angeles gears up for the second annual International Travel, Trade, and Consumer Expo

  • July 27, 2019
  • Balikbayan Media Center
View Post
Next Article
  • Arts & Culture
  • Europe
  • Events

Philippines to take a fresh direction in Maison&Objet Paris this year

  • July 28, 2019
  • Balikbayan Media Center
View Post

Subscribe

Subscribe now to our newsletter

You May Also Like
View Post

Taiwan Excellence Connects Innovation with Philippine Business Opportunities at Taiwan Expo 2026

View Post

More Than an Assistant: How Filipino Remote Workers Took Over the Global Economy

View Post

Making the Most of Your Remittances: How OFW Families Can Optimize Funds

View Post

Franchising Fever: The Philippines’ Booming Business Landscape

View Post

The Philippines joins UNWTO General Assembly as Vice President for East Asia and the Pacific; prestigious global position held again after 24 years

View Post

The Philippines rises up to rank 56th in the Global Innovation Index 2023

View Post

DTI’s strategic actions presented by Secretary Pascual in strengthening Philippine enterprises

View Post

PEZA cheers signing of Philippines-South Korea Free Trade Agreement deal as investment approvals increase 180% in September

Advertisement
https://balikbayanmagazine.com/wp-content/uploads/2026/03/8fe9ac27-351d-410c-b4fc-c5fc42ef0860.mp4
Featured Posts
  • 1
    The Most Important Decision Isn’t Strategic
    • November 9, 2026
  • 2
    This Christmas, Give the Gift of a Philippine Getaway
    • November 5, 2026
  • 3
    What Memory Sounds Like
    • November 2, 2026
  • 4
    BingoPlus VIP Club Brings Elevated Experiences with the Best of Iloilo and Cebu
    • October 31, 2026
  • 5
    NUSTAR Resort Cebu opens holiday season with Christmas tree lighting, highlights stories of hope
    • October 28, 2026
Recent Posts
  • Pag-IBIG financed homes increase 15% to over 68,000 in nine months, socialized housing grows 173% under Marcos’ Expanded 4PH
    • October 28, 2026
  • SM Hotels Showcases Halloween Celebrations Across its Brand Portfolio
    • October 26, 2026
  • SM Hotels Bags Dual Honors at Asia CEO Awards 2026 for Diversity and Sustainability
    • October 26, 2026

Subscribe

Subscribe now to our newsletter

Spotlighting the growth, development, and progression of the Philippines since 2009. Balikbayan Magazine is a publication of the Asian Journal Media Group.

Facebook 0
Instagram 0

Copyright © 2009-2026 Asian Journal Media Group
All Rights Reserved. 

Balikbayan Magazine

Input your search keywords and press Enter.