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The dynamics of global innovation are changing as a result of the activities of emerging economies, according to The Global Innovation Index 2012.

Countries like China, India – and even Paraguay and Sri Lanka – show that while innovative activity generally increases with income levels, good results can be achieved using their own innovation models.

The innovation report, which was released last month by the European Institute of Business Administration (INSEAD) in France, and the World Intellectual Property Organization (WIPO) in Geneva, Switzerland, evaluated 141 countries.

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