THE GLOBAL INNOVATION

INDEX

ABOUT GII
Conceived at INSEAD B-School, France. First
published in 2007, last report in 2014.
Uses objective data to rank a countrys
innovation related policies and practices
GII 2014 covered 143 countries

92.9% of world population

98.3% of worlds GDP

Calculation methodology is revised and adjusted

every year

INNOVATION
Innovation is not just about generating new ideas.
It is about translating these ideas into value-added
products and services.
Manufacturing => Services => Innovation
Driver of long-term economic growth and and
well-being
Innovation readiness at national level

GII FRAMEWORK - 2014

HOW IS THE INDEX CALCULATED

There are broadly two categories of parameters
Innovation Input Index
Innovation Output Index

Each of these has sub parameters for which a country is scored

on a scale of 1-7
Innovation Efficiency Index =

Innovation Output Index

Innovation Input Index

TOP 20 COUNTRIES IN 2014

Country

Score

Rank Country

Score

Rank

Switzerland

64.78

Ireland

56.67

11

UK

62.37

Canada

56.13

12

Sweden

62.29

Germany

56.02

13

Finland

60.67

Norway

55.59

14

Netherlands

60.59

Israel

55.46

15

US

60.09

South Korea

55.27

16

Singapore

59.24

Australia

55.01

17

Denmark

57.52

New Zealand

54.52

18

Luxembourg

56.86

Iceland

54.05

19

Hongkong

56.82

10

Austria

53.41

20

 The top 10 is almost intact since 2010

The high income countries are consistently
topping the list, with the only exception of China
(Middle income) in the top 30
Region wise, Europe and North America are in the
top along with countries from South East Asia
Israel is the only country from West Asian Region
to be in the top 30
India has a Innovation efficiency ratio of 0.82
which is in the range of High Income countries in
the Top 10
India is ranked 31st in innovation efficiency Ratio

WHAT DO THEY HAVE IN COMMON

High Income Countries
Strong institutions
Infrastructure
Knowledge creation and diffusion
Market Sophistication

Switzerland vs India
Indicators

Switzerland

India

Population

8 Million

1236 Million

GDP Per Capita

$46430

$1870

Income Group

High Income Group

Lower Middle Income

Rank

76

Innovation Output Sub Score: 63.7 & Rank: 1

Index

Score: 30.4 & Rank: 65

Innovation
Index

Score: 37 & Rank: 93

Innovation
Ratio

Input

Sub Score: 66.4 & Rank: 7

Efficiency Score: 0.9 & Rank: 6

Score: 0.8 & Rank: 31

Switzerland strong areas

1. Political stability
2. Government effectiveness
3. Rule of law
4. Ease of paying taxes
5. PISA scale in Reading, Maths and
Science
6. R&D
7. ICT Access
8. Ecological Sustainability
9. Knowledge creation and diffusion
10. University industry collaboration in
research

Indias strong areas

1. R & D
2. Gross capital formation which
3. Knowledge diffusion
4. Market capitalization
5. Intensity of local competition

INDIAS PERFORMANCE IN GII

Year

2008

Input
Sub
Index

Output
Sub
Index

43

2009

49

34

2010

54

69

2011

87

44

2012

96

40

2013

87

42

2014

93

65

Indias Performance in Input and Output Index

120
100
80
60
40
20
0
2008

2009

2010

2011

Input Sub Index

2012
Output Sup Index

2013

2014

INDIAS PERFORMANCE IN VARIOUS

PARAMETERS IN GII
Year

Instituti
ons

Human
Capital
&
Researc
h

Infrastr
ucutre

Market
Sophisti
cation

Busines
s
Sophisti
cation

Knowled Creative
ge and
Outputs
Tech
Outputs

2009

44

28

76

39

50

23

90

2010

73

38

108

32

41

70

78

2011

94

104

63

45

84

60

38

2012

125

131

78

46

75

47

34

2013

102

105

89

49

94

37

65

2014

106

96

87

50

93

50

82

Indias Performance in Various Factors of GII

140
120
100
80
60
40
20
0
2009

2010
Institutions
Business Sophistication

2011
Human Capital & Research
Knowledge and Tech Outputs

2012
Infrastrucutre
Creative Outputs

2013
Market Sophistication

2014

MAIN ISSUES TO BE ADDRESSED

Institutions
Political Stability
Business Environment

Human Capital
Education
Tertiary Education

Infrastructure
ICT Access
Environmental Performance

Business Sophistication
Knowledge Workers
Knowledge Absorption

Creative Outputs
Patents filed
Wiki edits

HOW IS THE INDEX EVOLVING

New Businesses
E- participation
Environmental performance
Micro Finance
Generic Top Level Domains
GMAT Test Takers
Domestic Resident Patent.

THANK YOU