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Switzerland ranks as the most innovative economy in the world for 2026, followed by Sweden and the USA, according to the WIPO report. The Global Innovation Index highlights Europe's strong presence, with China gaining ground. The report evaluates 139 economies based on innovation conditions and outcomes, showing that while innovation progresses globally, it does so at a slower pace. Major innovation centers are concentrated in East Asia and the USA, with Shenzhen-Hong Kong-Guangzhou leading. The report emphasizes the growing role of AI companies in attracting venture capital investments, which now dominate the global innovation economy.