Global Innovation Index 2015, Effective Innovation Policies for Development, Cornell University, INSEAD, World Intellectual Property Organization (WIPO)

Ques: The Global Innovation Index -2015 was issued on September 17, 2015. India is at-

a. 80th Position
b. 81st Position
c. 76th Position
d. 67th Position

Ans: b

Related facts:

The Global Innovation Index -2015 was issued on September 17, 2015.
Published since 2007, world ranking is provided to 141 economies around.
The theme of the year 2015 was ‘Effective Innovation Policies for Development’.
Switzerland topped the Global Innovation Index list 2015.
However the United Kingdom, Sweden, the Netherlands and the United States of America are also among the world’s five most innovative nations, according to the Global Innovation Index 2015.
Additionally Finland 6^th, Singapore 7^th, Ireland 8^th, Luxembourg 9^th and Denmark is ranked 10^th.
India’s ranking has slipped further to 81 in the list of Global Innovation Index, compared to 76 in 2014.
The factors taken into accounts were consistently poor performance in ease of doing business, slow pace of policy decision-making and changing political environment etc.
It is notable that India’s is lowest among BRICS nation.
In the list Brazil 70^th, South Africa 60^th, Russia 48^th and China is ranked 29^th.
In the index,the neighboring countries of India, Sri Lanka 85^th, Bhutan 121^st, Bangladesh 129^th, Pakistan 131^st and Nepal is ranked 135^th.
Sudan finds the lowest spot in the Index.
In addition,Togo140^th, Guinea 139^th, Myanmar 138^th, Yemen 137^th and Burundi is ranked 136^th.
The Global Innovation Index, co-published by Cornell University, INSEAD and the World Intellectual Property Organization (WIPO).
79 indicators were used to gauge both innovative capabilities and measurable results.

Reference:

The Global Innovation Index 2015