India ups innovation ranking |
India`s ranking in the Global Innovation Index (2016) has climbed 15 spots to 66 among 128 countries. Notably, India ranks first in the world when it comes to Information Communications and Technology (ICT) exports. China, with a rank of 25, joined the list of the top 25 most innovative countries. In 2015, China was ranked at 29. Switzerland continues to the top performer for the sixth consecutive year, in the global innovation index (GII), followed by Sweden and UK.This index, which was released recently in Geneva by World Intellectual Property Organisation (WIPO), Cornell University and INSEAD, ranks countries according to their innovation capabilities and results.Improved university rankings have helped India rank second on the `quality of innovation` front for `middle-income` countries, displacing Brazil. China continues to lead the pack. India`s positive move is the result of its performance in university rankings, where it comes in second among middle-income economies and 20 overall; and in patents, where it now ranks third among middle-income economies and 37 overall. India ranks among the top 50 countries on two pillars: market sophistication (33) and knowledge and technology outputs (43).
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