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

Category : National
Published on: October 01 2022 Share on facebook

  • 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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