Global Innovation Index, 2018

global innovation index

Consider the following statements regarding the Global Innovation Index, 2018-
(1) Switzerland has topped the index, while it was fifth in the year 2017.
(2) India is at 60th place this year, while it was 57th last year.
Code: The correct statement is/are-
(a) Only 1
(b) Only 2
(c) Both 1 and 2
(d) None of the above.
Answer- (d)
Related fact

  • In July 2018, the 11th edition of the Global Innovation Index, 2018 was released.
  • It has been jointly developed by Furnell University, Paris-based Business School, Insead and the World Intellectual Property Organization (WIPO).
  • In this index, 120 economies have been ranked on 80 the basis of indicators.
  • The theme of this index for the year 2018 was ‘Energizing the World with Innovation’.
  • Switzerland is at the top position in this index. It has remained consistently top since 2011.
  • Netherlands (second), Sweden (third), United Kingdom (fourth), Singapore (fifth) are in the ranking.
  • India has been ranked 57th this year, while it was at 60th place last year.
  • Continuous improvements in India’s rankings are being seen from the year 2016.
  • India is at the top in the Middle and Southern Asian region. Iran and Kazakhstan ranked second & third respectively in Middle and Southern Asian region.
  • India has been ranked fifth in low-middle-income economy.
  • In the BRICS countries, China is ranked 11th, Russia 46th, India 57th, South Africa 58th and Brazil 64th.
  • Yemen (126th) is in the last place in the index.


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