India has joined the group of top 50 countries in the global innovation index for the first time, moving up four places to the 48th rank and keeping the top position among the nations in central and southern Asia. India ranks in the top 15 in indicators such as ICT (Information and Communication Technology) services exports, government online services, graduates in science and engineering, and R&D-intensive global companies.
Switzerland, Sweden, the US, the UK and the Netherlands lead the innovation ranking, and the top 5 positions are dominated by high-income countries. The 13th edition of the Global Innovation Index (GII) 2020 has jointly released by the World Intellectual Property Organization (WIPO), Cornell University and INSEAD Business School.
WARRIOR 3.0 | Banking Awareness Batch for SBI, RRB, RBI and IBPS Exams | Bilingual | Live Class
Rank | Country | Score |
---|---|---|
1st | Switzerland | 66.08 |
2nd | Sweden | 62.47 |
3rd | United States of America | 60.56 |
4th | United Kingdom | 59.78 |
5th | Netherlands | 58.76 |
48th | India | 35.59 |
About the Global Innovation Index (GII):
The Global Innovation Index (GII) provides detailed metrics about the innovation performance of 131 countries and economies around the world. Its 80 indicators explore a broad vision of innovation, including political environment, education, infrastructure and business sophistication.
Why in News? In a decisive move following the April 22 Pahalgam terror attack, the…
India has played a pivotal role in a significant scientific milestone — the completion of…
In a significant development for India's cultural heritage, the ancient group of temples and monuments…
In a world that is increasingly recognizing the power and potential of women leaders, Forbes…
In a major global step towards ecosystem restoration, the Food and Agriculture Organization (FAO) of…
NITI Aayog released a report titled Enhancing Competitiveness of MSMEs in India, in collaboration with…