Assessing a Nation’s Competitiveness in Global Food Innovation: Creating a Global Food Innovation Index

Abstract

While food innovation is heavily influenced by the myriad of policies, regulations and other environmental factors within a country, globalization means that food innovation is also a matter of international competitiveness. This benchmarking exercise uses 24 variables to compare the different innovation environments across ten countries: Canada, the US, Mexico, the UK, France, Germany, Italy, the Netherlands, Japan, and Australia. Quantitative and qualitative data was collected from publicly available sources only to measure each variable and ultimately provide a ranking. Qualitative data was evaluated using thematic coding to establish baseline practices and then compare each country to the baseline. Quantitative data was evaluated by constructing an average to which each country was compared. Countries whose data showed they met the average were awarded two points, and those who performed above or below average were either awarded an additional point or saw a point deducted. A final ranking was established from the scores across all four pillars, and the ranking was weighted to account for lacking data. The final weighted ranking saw the UK rank first, followed by the US, Germany, Australia, Canada, the Netherlands, Japan, Mexico, France and finally, Italy in tenth place.