What is Global Innovation system?

Answer 1

A Global Innovation System tries to build ranks for countries based on their innovations. The system is used to look at the business outcomes that resulted from innovation and the government's ability to encourage innovation from the public.

Answer 2

The Global Innovation System refers to the interconnected network of organizations, institutions, and individuals involved in the process of creating, sharing, and diffusing new ideas, products, and technologies across the world. It encompasses activities such as research and development, technology transfer, collaboration, and knowledge exchange on a global scale to drive innovation and economic growth.