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Global Innovation Index (GII)

Indiau2019s innovation landscape is bolstered by notable achievements in various key indicators, including ICT services exports, venture capital investments, the number of graduates in science and engineering, and global corporate R&D investors.

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Global Innovation Index (GII)

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  1. PLUTUS IAS

  2. Global Innovation Index (GII) GS3: Economy

  3. 1. Overview: • Annual performance. • Published by WIPO in partnership with institutions like Cornell University and INSEAD. publication assessing global innovation

  4. 2. Methodology: • Comprises two sub-indices: Innovation Input Index and Innovation Output Index. • Each sub-index multiple pillars and indicators. • Weighted average scoring for nuanced evaluation. includes

  5. 3. Key Global Highlights: • Switzerland leads the GII in 2023. • Top science and technology clusters include Tokyo- Yokohama and Shenzhen-Hong Kong-Guangzhou. • China surpasses the US in the number of clusters.

  6. 4. India's Performance: • India climbs to 40th place in 2023 from 81st in 2015. • Leads among lower-middle-income Central/South America. • Strong performance in ICT services exports, venture capital investments, graduates in science and engineering, and corporate R&D investors. • Four science and technology clusters in the top 100. • Focus on infrastructure, business sophistication, and institutions for improvement. countries and in

  7. What is WIPO? • WIPO (World Intellectual Property Organization) serves as the worldwide platform for Intellectual Property (IP) services, policy development, information dissemination, and international cooperation. • Self-Funding UN Agency: WIPO operates as a self-funding agency within the United Nations system and counts 193 member states among its constituents. • Objective: The primary objective of WIPO is to lead and facilitate the development of an equitable and effective international IP system that fosters innovation and encourages creativity, ultimately benefiting all stakeholders. • Mandate and Governance: WIPO's mandate, as well as its governing bodies and procedures, are outlined in the WIPO Convention, which officially established WIPO in 1967. • Headquarter: Geneva

  8. Best UPSC Coaching in Delhi • The article explains the insights of the Global Innovation Index, which aims to rank the different countries based on various aspects like technology, financial conditions, areas of improvement, and many more. Rishabh has written this article, and our well-reputed faculty Prateek Tripathi reviews it. • Keep reading current affairs to make your exam preparation strong so that you can score high in the UPSC exam. • Plutus IAS has always been conquering the best UPSC coaching in Delhi and boosting the bright careers of many Civil Services aspirants.

  9. Thank You! For More Information Contact us on Call:- +91 84484-40231 Email:- Info@plutusias.com Visit us:- www.plutusias.com

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