Today announced the Local Innovation Index

Hanoi The local innovation index (PII) developed by the Ministry of Science and Technology will be announced at 5:00 p.m. today (March 12).

The Provincial Innovation Index (PII) consists of 52 components.

In 2023, for the first time, the index set was developed nationwide by the Academy of Science, Technology and Innovation, Ministry of Science and Technology. The index set aims to provide a scientifically and practically based toolkit for leaders at all levels to make decisions, develop and implement policies, as well as provide useful reference information on the investment environment and resource conditions for local production and business activities.

The ranking announced this afternoon at the Ministry of Science and Technology will show the current status of the socio-economic development model based on science, technology and innovation of 63 provinces and cities in 2023.

Minister of Science and Technology Huynh Thanh Dat (second from right) visits the Semiconductor Chip Technology exhibition at Hanoi National University in April 2023. Photo: Tung Dinh

In 2022, the index was piloted with 20 localities. After the results were obtained, the Government assigned the Ministry of Science and Technology to "implement the development of a set of local innovation indexes nationwide from 2023" (Resolution No. 10/NQ-CP dated February 3, 2023).

PII is built closely following the structure of the global innovation index GII (Global Innovation Index) published annually by the World Intellectual Property Organization (WIPO) and has been used by the Government in management and operation since 2017.

According to the Ministry of Science and Technology, PII has a wide and comprehensive scope on socio-economic development based on science, technology and innovation of localities. Therefore, the index set will be a tool for each province/city to examine in detail the output and input aspects, clearly identify strengths, weaknesses, potential factors and necessary conditions to promote socio-economic development based on science, technology and innovation.

Local PII ranking information will be published here.

Nhu Quynh

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