Sunday, July 27, 2014

Global Innovation Index 2014

India is placed at the 76th position, a slip of 10 places from last year, in the annual Global Innovation Index (GII) survey for 2014 released by Cornell University, INSEAD, and the World Intellectual Property Organisation. Among the BRICS nations India is the worst performer and China is the best among BRICS nations at 29th position, 6 places up from last year. Brazil climbed three positions to 61, Russia rose 13 rungs to 49, and South Africa five places to 53

This is the fourth consecutive year that India performed poorly on GII. It occupied 62nd rank in 2011, 64th in 2012, and 66th in 2013.

Singapore and Hong Kong are the only two Asian countries that find a place among the top 10 in the GII. Singapore displaced Hong Kong to lead the continent in overall innovation performance. Switzerland topped the Index followed by UK, Sweden, Finland and the Netherlands. 

Top ten countries:

1. Switzerland
2. UK
3. Sweden
4. Finland
5. Netherlands 
6. US
7. Singapore
8. Denmark
9. Luxembourg
10. Hong Kong

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