Tag Archives: WIPO

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).