* The 2018 edition of the Global Innovation Index (GII) produced by the World Intellectual Property Organization (Wipo), Cornell University, and the European Institute of Business Administration has identified Mexico as one of the countries that has improved the most in promoting innovation in the past year. The strides made by Mexico improving its research and development (R&D) and speeding the process of innovation in the past year has led it to improve its ranking by two positions to 56
th, making it the third highest-ranked country in Latin America behind Costa Rica (54
th) and Chile (47
th).
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