Global Innovation Index 2024

On 26th September, 2024, World Intellectual Property Organization (WIPO) released the 17th edition of Global Innovation Index (GII).

About the Index

  • The GII, which started in 2007 by INSEAD, a business school, and World Business, has been an invaluable reference for countries wanting to develop new innovation and economic policy strategies and a tool for improving innovation metrics.
  • It measures innovation based on criteria that include institutions, human capital and research, infrastructure, credit, investment, linkages; the creation, absorption and diffusion of knowledge; and creative outputs.
  • The GII has two sub-indices: the Innovation Input Sub-Index and the Innovation Output Sub-Index, and seven pillars, ....
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