India has been ranked at 46th place in the Global Innovation Index 2021 released by World Intellectual Property Organization (WIPO). India has jumped 2 spots from last year’s ranking. Under the Lower middle-income category group, India has been ranked at the second spot after Vietnam. The Global Innovation Index 2021 captures the innovation ecosystem performance of 132 economies and tracks the most recent global innovation trends.
Top 5 countries in Global Innovation Index 2021 rankings:
|3rd||United States of America||61.3|
|5th||Republic of Korea||59.3|
About the Global Innovation Index (GII):
The Global Innovation Index (GII) provides detailed metrics about the innovation performance of 132 countries and economies around the world. Its 80 indicators explore a broad vision of innovation, including political environment, education, infrastructure and business sophistication.
Important takeaways for all competitive exams:
- WIPO Headquarters: Geneva, Switzerland;
- WIPO Founded: 14 July 1967;
- WIPO Membership: 193 member states;
- WIPO Director General: Daren Tang.