Global Innovation Index 2017

India has moved up six places to the 60th spot among 130 nations on the Global Innovation Index (GII) 2017, emerging as the top-ranked economy in Central and South Asia.

Authors of the Report: The report has been co-authored by Cornell University, INSEAD and the World Intellectual Property Organisation.

The Survey

  • Each year, the GII surveys about 130 economies using doens of metrics, from patent fillings to education spendings, providing decision makersa a look at the innovative activity that increasingly drives economic and social growth.
  • The Most Innovative: Switzerland, Sweden, the Netherlands, the US and the UK.

India’s Rise Benefits Others

  • Opportunities have emerged to leverage the rise of new East Asia Innovation Tigers, fostering deeper regional innovation networks.
  • Among India’s neighbours, Sri Lanka took the 90th spot whereas Nepal was at 109th. Pakistan came in at 113 followed by Bangladesh at 114.

Area of Improvement

  • The index highlighted the continual improvement of India in terms of investment, tertiary education, quality of its publications and universities, its ICT services exports and innovation clusters.

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