India climbs six notches to 40th position in Global Innovation Index 2022

India climbs six notches to 40th position in Global Innovation Index 2022

Daily Current Affairs / India climbs six notches to 40th position in Global Innovation Index 2022

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Category : National Published on: October 01 2022

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India climbed six notches to 40th position in the Global Innovation Index 2022 on account of improvement in several parameters, according to a report by the Geneva-based World Intellectual Property Organization (WIPO).
Switzerland, the United States, Sweden, the United Kingdom and the Netherlands are the world's most-innovative economies, according to WIPO's 2022 Global Innovation Index (GII), with China on the threshold of the top 10.
India was at 46th position in 2021 and at 81st rank in 2015.
Parameters for computing the index, include 'institutions', 'human capital and research', 'infrastructure', 'market sophistication', business sophistication', 'knowledge and technology outputs' and 'create outputs'.

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