Fostering Innovation: the Case of Sri Lanka
Words: 826 Pages: 3 5409Introduction The Global Innovation Index serves as a pivotal marker, gauging the innovation prowess of countries, influencing investors as they make pivotal business decisions. Nations perched at the summit of this index typically enjoy high income, while those languishing near the bottom, like Sri Lanka—ranked 91st out of 128 countries in 2017—are often categorized as low-income countries. This ranking suggests that Sri Lanka's innovation practices are not robust, potentially deterring investment and stifling business growth. Innovation is not a monolithic […]