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July 24, 2019
India's Commerce & Industry Minister Launches Global Innovation Index Rankings 2019, authored by Cornell University, INSEAD, and WIPO.
Photo: The Union Minister for Railways and Commerce & Industry, Piyush Goyal, launching the Global Innovation Index - 2019, in New Delhi on 24 July 2019.
New Delhi, 24 July 2019 — Union Minister of Commerce & Industry and Railways, Piyush Goyal, launched the Global Innovation Index (GII) 2019 in New Delhi, today.
India jumped five places to improve its position from 57th last year to 52nd in 2019.
The Minister, Piyush Goyal, congratulated all those involved in the process. He said that India has made significant progress to 52nd rank in the GII-2019 and now the culture of innovation is coming to the center-stage. Mr. Goyal further said that India would not rest on past laurels until it achieves its target of positioning itself among the top 25 countries of the Global Innovation Index. To achieve this ranking, he urged all stakeholders to work in mission mode.
Piyush Goyal urged the R&D institutions, universities, and the private sector to transform the country into a hub of innovation.
The Commerce and Industry Minister in his address said that the improvement in the rankings should inspire Indians to help marginalized and underprivileged section of society. He said India needs innovative solutions to problems like rising pollution levels in cities, water crises, depleting natural resources, climate change, and food wastage.
“The rise in the GII by economic powerhouses like China and India have transformed the geography of innovation,” said WIPO Director General Francis Gurry.
Mr. Gurry thanked the Government of India for hosting the global launch of the GII. “India’s high-level focus on using innovation to foster economic development makes the country an ideal location for the GII 2019 launch,” Mr. Gurry said.
• The GII rankings are published every year by Cornell University, INSEAD and the World Intellectual Property Organization (WIPO).
The GII rankings of 129 economies use 80 indicators ranging from intellectual property filing rates to mobile-application creation, education spending, and scientific and technical publications.
Switzerland remains number one in the GII index. Sweden follows it. The United States of America, the Netherlands, the United Kingdom, Finland, Denmark, Singapore, Germany, and Israel come after that.
Top 20 in Global Ranking
- Switzerland
- Sweden
- United States of America
- The Netherlands
- The United Kingdom
- Finland
- Denmark
- Singapore
- Germany
- Israel
- Korea, Republic of
- Ireland
- Hong Kong (China)
- China
- Japan
- France
- Canada
- Luxemburg
- Norway
- Iceland
Sources: India Ministry of Commerce & Industry, World Intellectual Property Organization (WIPO), Cornell University.
|GlobalGiants.Com|
Launched today: Global Innovation Index 2019 ðŸŒðŸ’¡ðŸ“ˆ https://t.co/U1WxcDkRCS #GII2019
— World Intellectual Property Organization (WIPO) (@WIPO) July 24, 2019
The world’s innovation leaders:
1. Switzerland 🇨ðŸ‡
2. Sweden 🇸🇪
3. U.S. 🇺🇸
4. Netherlands 🇳🇱
5. U.K. 🇬🇧
6. Finland 🇫🇮
7. Denmark 🇩🇰
8. Singapore 🇸🇬
9. Germany 🇩🇪
10. Israel 🇮🇱 pic.twitter.com/Hk0fjvG9Mg
Modi Govt's thrust on Research and Development making India a Hub of Innovationhttps://t.co/JzZe9bOaO6
— Dr Ramesh Pokhriyal Nishank (@DrRPNishank) July 26, 2019
via NaMo App pic.twitter.com/gScdy0V4sz
Edited & Posted by the Editor | 1:39 PM | Link to this Post
