Global Innovation Index Current Affairs - 2020
As per the India Innovation Index (III) 2019 released by NITI Aayog, Karnataka emerged as the Most Innovative State among Major States. The index was released by NITI Aayog’s vice chairman Rajiv Kumar and CEO Amitabh Kant.
The India Innovation Index (III) 2019 was released by NITI Aayog along with Institute for Competitiveness as its knowledge partner. The index has been developed into lines of Global Innovation Index (GII). This is the first-ever India Innovation Index released by NITI (National Institution for Transforming India) Aayog, a policy think tank of Indian Government.
Key Findings of Index
Tamil Nadu, Maharashtra, Telangana and Haryana secured 2nd, 3rd, 4th, 5th position respectively in innovation, followed by Kerala, Uttar Pradesh, West Bengal, Gujarat and Andhra Pradesh.
In the list of 17 major states, Chattisgarh, Bihar and Jharkhand are at bottom of the index with Jharkhand finishing last.
Among North-Eastern & Hill States, Sikkim, Himachal Pradesh and Uttarakhand have occupied the top spot of Most Innovative State in index while among Union Territories Delhi, Chandigarh and Goa have topped the list.
About India Innovation Index (III)
The idea behind index is to analyse innovation at state level and promote competitiveness among the states. It seeks to move states from competitive populism to competitive good governance. The innovation index will also help to pursue interventions that play an important role in developing cooperative and competitive federalism.
It ranks the states based on their innovation capability, opportunities and challenges that lie for states and actions needed by policy makers to foster innovation.
The Index is based on seven pillars which include 5 enablers and 2 performance indicators such as human capital, knowledge workers, investment and knowledge output. It has been developed over a period of last 18 months.
Tags: Global Innovation Index • India Innovation Index • Institute for Competitiveness • Karnataka [KPSC] • Niti Aayog
In recently released Global Innovation Index (GII) 2018, India was ranked 57th among 130 countries. It was 11th edition of GII and was jointly released by Cornell University, INSEAD and World Intellectual Property Organisation (WIPO). This year, India has moved up 3 places as compared to 60th rank in GII 2017 and emerged as top-ranked economy in Central and South Asia.
India has maintained its top place in central and south Asia region. It has consistently moving up on global ranking from 81st in 2015 to 57th this year. In fact, it has climbed up the list third year in row. It ranked at 66th position in 2016 and 60th last year.
Strengths: These indicators have helped India to improve its ranking. It includes India’s human capital (graduates in science & engineering), growth rate of GDP per worker, exports of information and communication technology (ICT) and services, productivity growth and creative goods exports etc.
Weakness: India has fared badly on indicators such as ease of starting business, political stability and safety, overall education and environmental performance
Global Innovation Index (GII)
The GII global ranking is published by World Intellectual Property Organisation (WIPO) – a specialized agency of United Nations in association with Cornell University and 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 and ease of starting business.
India’s Confederation of Indian Industry (CII) is one of the knowledge partners which assists GII team in bringing out the annual ranking. GII is published annually since 2007 and is considered leading benchmarking tool for business executives, policy makers and others seeking insight into state of innovation around the world. It is being used by them to evaluate progress on continual basis.