Global Innovation Index, 2017

  • 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

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