Research on the Prediction of the Comprehensive Innovation Competitiveness Index of G20 Countries

In this paper, the Prediction Model of the Comprehensive innovation Competitiveness Index (PMCICI) is defined. Scores of this index are calculated based on the rankings of 19 members of G20 (without European Union) in five selected notable national innovation index reports in the world from 2001 to 2015. The five reports include the Global Competitive Report, Global Innovation Index, G20 National Innovation Competitiveness Development Report, Bloomberg Innovation Index, and National Innovation Index. The indices of 020 countries in future five years (2016-2020) are estimated. In order to evaluate the rationality of prediction, we analyzed the relationship between economic growth rate and indices, and found that the conduction period of the impact of economic growth on innovation scores is about 3 years. Research results show that the index of all countries are gradually increasing and will continue to increase. United States will continue to lead all countries. European Union countries remain stable in the next five years. East Asian countries are growing rapidly. The indices of BRICS shows fluctuating upward trend.