NEW DELHI: India has slipped to 81st position in the Global Innovation Index (GII) 2015 report, a decline by five positions as compared to last year, but maintained its numero uno rank in Central and South Asian region.
Switzerland topped the GII followed by the United Kingdom and Sweden securing number two and three positions respectively. The United States of America bagged fifth position while Singapore is the only Asian country to have figured in the top 10 list of the report.
The GII, co-published by Cornell University, INSEAD and the World Intellectual Property Organisation (WIPO), surveyed 141 economies around the world, using 79 indicators to gauge both innovative capabilities and measurable results.
In terms of innovation quality – as measured by university performance, the reach of scholarly articles and the international dimension of patent applications – a few economies stand out.
“The US and the UK stay ahead of the pack, largely as a result of their world-class universities, closely followed by Japan, Germany and Switzerland,” the report states.
It further adds that top-scoring middle-income economies on innovation quality are China, Brazil and India, with China increasingly outpacing the others. (AGENCIES)
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