Global Innovation Index
1Introduction

The Global Innovation Index (GII) is a ranking of countries as per their success and capacity in innovation. It is published yearly by the World Intellectual Property Organization (WIPO). India has been ranked as the 52nd most innovative nation in the world in 2019; up 5 places from 2018.

  • GII is developed jointly by Cornell University, INSEAD and World Intellectual Property Organization 
  • GII 2019 ranks 129 economies based on 80 indicators, compiled under 7 pillars 
  • India is in the top half of the GII rankings in 2019 
  • India has retained its position as the most innovative country among Central and South Asian countries 

 

Sources: 1, 2

2Institutions

India ranks 77th in the input pillar “Institutions”. Aspects such as political environment, regulatory environment and business environment capture the institutional framework of a country.

  • In the brightest spot is the “Regulatory Environment” in which India ranks 69th 
  • A major improvement is seen in “Political Environment”, where India has improved by 9 places in 2019

 

Sources: 1

3Human Capital & Research

India ranks 53rd in the input pillar “Human Capital and Research” which measures the human capital aspects of the country, such as education level, tertiary education and research & development.

  • India holds the 7th position globally in the “Number of graduates in Science & Engineering”
  • India ranks 35th in terms of “Research & Development”

 

Source: 1

4Infrastructure

Infrastructure measures the performance of Information and Communication Technologies (ICT) in a country, general infrastructure and ecological sustainability.

  • India ranks 17th in “Gross capital formation (as a % of GDP)” 
  • In terms of “Government’s online services,” India ranks 9th  

 

Source: 1

5Market Sophistication

Market Sophistication studies market, competition and investment conditions in a country.

  • India ranks 20th both in terms of “Ease of Getting Credit” and “Market capitalization (as % of GDP)”
  • In terms of “Domestic market sale” India stands at the 3rd position 
  • India ranks 6th in “Ease of protecting minority investors” 

 

Source: 1

6Business Sophistication

Business Sophistication assesses how conducive firms are for innovation in promoting activities. 

  • India has made significant improvement in “High-tech imports” and stands at 27th position in 2019 as compared to 51st in 2018 
  • In terms of “University/ industry research collaboration” and “State of Cluster Development”, India ranks 23rd and 25th respectively. 

 

Sources: 1, 2

7Knowledge and Technology Outputs

Knowledge and Technology Outputs covers all those variables that are traditionally thought to be the fruits of inventions or innovations. It spans around facets of knowledge creation, knowledge impact and knowledge diffusion.

  • India has done remarkably well in “Knowledge diffusion” and ranks 1st in “ICT services exports (as a % of total trade)”

 

Sources: 1

8Creative Outputs

Creative Outputs measure the role of creativity for innovation spanning across intangible assets, creative goods and services and online creativity. 

  • India is 22nd   as an “Exporter of creative goods (as % of total trade)”
  • In the sub-pillar “Intangible assets” which covers parameters such as “Trademarks” and “Industrial designs”, India stands at the 81st position in 2019 as compared to 85th in 2018

 

Sources: 1, 2


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