Global Innovation Index, GII- 2018 - India Ranked Number One on ICT Service Exports (Download PDF)

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11th edition of Global Innovation Index (GII) 2018 was launched in India on 8th August, 2018. Index was based on theme– ‘Energizing the World with Innovation’. In this year’s edition of GII, India’s rank has jumped to 57 from 60 in 2017. India is consistently climbing GII ranking for past 3 years. It was ranked 66th in 2016 Global Innovation Index & 81stin 2015 GII.

Image of Top 10 Countries (Rank in 2018)

Image of Top 10 Countries (Rank in 2018)

Image of Top 10 Countries (Rank in 2018)

  • India launch was organized by Confederation of Indian Industry (CII), one of founding partners of GII along w/World Intellectual Property Organization (WIPO) in collaboration w/Department of Industrial Policy & Promotion (DIPP).

7 Key Findings of GII 2018

  • Becoming optimistic about global innovation & growth is possible.

  • Continued investments in breakthrough energy innovations are essential for global growth & to avert environmental crisis.

  • China’s rapid rise shows way for other middle-income economies.

  • Richer economies, w/more diverse industry & export portfolios, are likelier to score high in innovation.

  • Focusing on translating innovation investments into results is key.

  • Strong regional innovation imbalances persevere, hampering economic & human development.

  • Most top science & technology clusters are in US, China, Germany & Brazil.

Key Highlights of 2018 GII Index

  • 2018 GII index shows interesting changes in top 10. While Switzerland leads rankings for 8th consecutive year, Netherlands & Sweden swapped their positions, ranking 2nd & 3rdrespectively.

  • UK gained one spot, moving to 4th position & Singapore jumped to 5th spot, moving up 2 positions since last year.

  • US, which was stable at 4th spot for last 2 years, moved down 2 placed to 6th position this year.

  • Finland, which gained one position since 2017, took up 7th place. On other hand, Denmark, which had moved up 2 positions each year since 2016, lost 2 positions this year, ranking 8th.

  • Germany & Ireland, however, remained stable at 9th & 10th spots respectively.

  • In top 25, most significant moves were made by Israel, which moved up 6 positions this year to be at 11th position & China, which continued its consistent upward rise by moving up 5 places to be at 17th position.

Image of Productivity growth, 1970-2018

Image of Productivity Growth, 1970 - 2018

Image of Productivity growth, 1970 - 2018

Top Performers by Income Group

  • High-income group: Switzerland, Netherlands & Sweden are among top 3 performers in this group.

  • Upper-middle-income group: Top 3 performers in this group include China, Malaysia & Bulgaria.

  • Lower-middle-income group: Top 3 performers in this group include Ukraine, Vietnam & Republic of Moldova.

Top 5 Economies in Quality of Innovation in 2018

  • Top 5 high-income economies in quality of innovation include Japan, Switzerland, U. S. , Germany & United Kingdom.

  • While Republic of Korea moved up in quality of innovation, overtaking Sweden this year, France entered top 10 for 1st time.

  • Among middle-income group, top 5 remained steady w/China, India, & Russian Federation at top, followed by Brazil & Argentina.

  • Mexico & Malaysia are advancing most in this group.

India in GII 2018

  • In GII 2018, India remained 1st in Central & Southern Asian region & moved up to 5thposition in GII rankings among lower-middle-income economies.

  • India is 2nd among middle-income economies for 3rd consecutive year, w/rankings that are edging slightly closer to those of China.

  • This year India remained 2nd in both quality of its universities & quality of its scientific publications among middle-income economies.

  • This is possible because of improved quality of scientific publications & high quality of university scores for Indian Institute of Science Bangalore & Indian Institute of Technology—both Delhi & Bombay.

  • India’s score for patent families dropped slightly in 2018, its overall performance in this indicator still drove it up to 5th position in group.

  • Country confirmed its rank among top 50 economies in 2 pillars -Market sophistication (36th) & Knowledge & technology outputs (43rd) —& is among top 25 in 2 sub-pillars—Trade, competition, & market scale (16th) & Knowledge diffusion (25th).

  • At indicator level, India ranked well in number of imp. indicators, including graduates in science & engineering, productivity growth, & ICT services exports, where it ranks number 1 in world.

  • India outperformed on innovation relative to its GDP per capita for many years in row.

  • Among other Central & Southern Asian countries, Islamic Republic of Iran remained at 2ndposition, moving closer to top half of GII this year. Nation has improved its ranking remarkably since 2014.

  • Other economies in region including Kazakhstan, Sri Lanka, Nepal, Pakistan & Bangladesh, ranked lower in list.

In the 2018 Edition of the GII, the Statistical Relationship of the GII Score Relative to Country Features Was Assessed. the Core Findings Are as Follows:

  • All editions of GII demonstrate positive link b/w innovation performance & economy’s level of development as measured by GDP per capita. Some economies stand out because they over perform relative to their levels of development.

  • Country size as reflected by population size is not correlated w/GII score in statistically significant way. Both large & small countries have good shot at scoring high on GII; small countries do not unduly lead rankings.

  • High-income economies are more innovative when their economic structures & thus their industry portfolios are more diverse.

  • Economies at all levels of development happen to be more innovative when they have more diversified export portfolio.

Global Innovation Index (GII)

  • GII global ranking is published by World Intellectual Property Organisation (WIPO) –specialized agency of United Nations in association w/Cornell University & graduate business school INSEAD.

  • It ranks nations based on 80 indicators, ranging from intellectual property filing rates to R&D, online creativity, mobile application creation, computer software spending, education spending, scientific & technical publications & ease of starting business.

  • India’s Confederation of Indian Industry (CII) is one of knowledge partners which assists GII team in bringing out annual ranking.

  • GII is published annually since 2007 & is considered leading benchmarking tool for business executives, policy makers & others seeking insight into state of innovation around world.

  • It is being used by them to evaluate progress on continual basis.

- Published/Last Modified on: October 10, 2018

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