Innovation Articles

By The Milken Institute

GE Global Innovation Barometer


General Electric provides prospective collaborators with an overview of the countries participating in innovation strategies around the world. The GE Barometer is a useful tool in measuring possible partners for far reaching product development.

In the program, all countries are evaluated on seven independent innovative categories. The seven relevant categories:

· University-Industry Collaboration in R&D
· Venture Capital Deals
· Gross Expenditures on R&D
· Utility Patents
· STEM Education
· Business Environment
· High-tech Exports

At the end of each country’s innovation scorecard is a conclusion that includes some future projections. All the world’s established economies and the ever-expanding emerging markets are broken down and assigned a rating. There is a lot to learned from GE’s commitment to track innovation practices.