Global Innovation Index (GII)
- The Global Innovation Index (GII) aims to capture the multi-dimensional facets of innovation and provide the tools that can assist in tailoring policies to promote long-term output growth, improved productivity, and job growth.
- The GII helps to create an environment in which innovation factors are continually evaluated.
- The Global Innovation Index 2016 (GII), in its 9th edition this year, is co-published by Cornell University, INSEAD, and the World Intellectual Property Organization (WIPO, an agency of the United Nations).
- The index was started in 2007.
- The core of the GII Report consists of a ranking of world economies’ innovation capabilities and results.
- India scored a major improvement in its Global Innovation Index ranking in 2016, moving up to the 66th place from 81 in 2015.
- Among middle-income countries, India (25) came second after China (17) in innovation quality, overtaking Brazil (27).