India jumps five places on GII Index
The news came as Commerce and Industry Minister Piyush Goyal released the Global Innovation Index rankings
July 24, 2019
India improved its game in the global innovation index by jumping five places to 52nd in 2019 from 57th position last year. The news came as Commerce and Industry Minister Piyush Goyal released the Global Innovation Index (GII) rankings on Wednesday.
Switzerland continued to be on the top of the index for yet another year. Other economies in the top 10 are: Sweden, the US, the Netherlands, the UK, Finland, Denmark, Singapore, Germany and Israel.
What is GII?
The GII rankings are published annually by Cornell University, INSEAD and the UN World Intellectual Property Organisation (WIPO) and GII Knowledge Partners.
Now in its 12th edition, the GII ranks 129 economies based on 80 indicators, ranging from intellectual property filing rates to mobile-application creation, education spending and scientific and technical publications.