- It is published by Cornell University, INSEAD, and the World Intellectual Property Organization, in partnership with other organizations and institutions
- India climbed 6 spots, from 66 last year, to 60/130
- Switzerland is ranked 1st
- India has maintained the top spot in the Central and South Asia regions
- India is ranked above all its neighbours.
- BRICS countries: Brazil (69), Russia (45), China (22), South Africa (57).
- 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