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Singapore has moved up two spots to fifth place in the Global Innovation Index (GII), leading the South-east Asia, East Asia and Oceania (SEAO) region.
The GII is a global ranking of the world’s most innovative economies. This year, the index used 80 indicators to track innovation trends in 132 economies.
The US, Singapore and Israel topped the highest number of indicators. Singapore continued to top 11 out of 80 indicators, including government effectiveness, information and communications technology (ICT) access, and venture capital (VC).
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