global innovation index academia of arise dreams - arise roby

GLOBAL INNOVATION INDEX ARISE TRAINING & RESEARCH CENTER

The index enlisted 141 economies around the globe taking into account their innovation capacity and efficiency. The study shows that the nation has outpaced other countries in the Central and Southern Asian Region (CSA). China, Brazil and India, the leading nations in the lower middle income categories are competing close against developed world on innovation quality.

Switzerland, the UK, Sweden, the Netherlands and the US are the top 5 position of this list.

ARISE TRAINING & RESEARCH CENTER

• This study on Global Innovation Index was published collectively by Cornell University, INSEAD France and World Intellectual Property Organization (WIPO).

• India has been falling positions in the overall rankings since the last 4 years. India’s was holding the ranking of 76 last year. However, the nation has bagged a place amongst the leading 10 outperformers.


• "This change in ranking can be primarily attributed to two major factors. The first concerns the changing dynamics of the country's political, educational and business environment, and the second concerns the structural change GII has undergone to improve itself as an assessment tool over the years," the GII report pointed out.


PERFORMANCE

BEST

• According to this study,

India has been performing

well in innovation quality,

knowledge diffusion,

general infrastructure,

research & development and

investment.

WORST

However, the nation has

witnessed a poor

performance in institutions

and infrastructure, business

sophistication, human

capital and research,

creative outputs and market

sophistication.


• "We believe that with the present growth trend the future ranking for India is going to improve as the data get revised and as the government continues to perform towards a development oriented growth path," said CII Director General Chandrajit Banerjee. As per the report, the data collected is the perception of the local citizens owning to inactivity of the government for the given period.

• This inactivity is due to slowing economy, high inflation and the

widespread corruption.


Indians are good in INNOVATION

a

sample


global innovation index academia of arise dreams - arise roby

Education