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Global Innovation Index 2021 rankings
September 23 , 2021
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- Recently, India has climbed two spots and has been ranked 46th in the Global Innovation Index (GII) 2021 rankings.
- The GII is launched by the World Intellectual Property Organization (WIPO).
- WIPO is a specialized agency of the United Nations.
- The GII aims to capture the multi-dimensional facets of innovation ranking and rich analysis referencing around 132 economies.
- Switzerland, Sweden, U.S., and U.K. continue to lead the innovation ranking, and have all ranked in the top 5 in the past three years.
- The Republic of Korea joins the top 5 of the GII for the first time in 2021.
India’s Performance
- India performs better in innovation outputs than innovation inputs in 2021.
- This year India ranks 57th in innovation inputs.
- As for innovation outputs, India ranks 45th.
- India ranks 2nd among the 34 lower middle-income group economies.
- India ranks 1st among the 10 economies in Central and Southern Asia.
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