Global Innovation Index 2016

  • It is published by Cornell University, INSEAD, and the World Intellectual Property Organization, in partnership with other organizations and institutions
  • GII 2016 Theme: “Winning with Global Innovation”
  • India climbed 15 spots, from 81 last year, to 66
  • India has maintained the top spot in the Central and South Asia regions
  • India scored high on tertiary education and R&D, the quality of its universities and scientific publications and its market sophistication
  • India ranks second on innovation quality among middle-income economies, overtaking Brazil. (First is China)
  • Positives in India:
    • Strong market potential
    • Excellent talent pool
    • An underlying culture of frugal innovation
  • Negatives in India:
    • Business environment,
    • Education expenditures,
    • New business creations and
    • Creative goods and services production

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