Global Innovation Index by WIPO
India has improved its ranking in the latest Global Innovation Index (GII), moving up two positions to 46.
Context
India has improved its ranking in the latest Global Innovation Index (GII), moving up two positions to 46.
Key-highlights of the Findings
Overall
- Switzerland topped the league table, followed by Sweden, the US and the UK.
- Among Asian economies, South Korea jumped to the fifth position, up from 10 last year.
- China was in the 12th position.
India
- The country’s rank has been consistently rising in the last few years. From 81 in 2015, it has moved to 46 in 2021.
Factors responsible for India’s growth
- immense knowledge capital
- vibrant start-up ecosystem
- work done by the public and the private research organizations
World Intellectual Property Organization (WIPO)
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