the only middle-income economy in the top 30. The 12th GII was co-published by WIPO, Cornell University and INSEAD. Video: Find out which economies made the top 10 in the GII 2019, Find out more about all of the key findings in the report, Innovation is blossoming despite economic slowdown, Innovation is changing to encompass rising economies, An innovation “glass ceiling” persists, dividing economies, Return on innovation investment can vary greatly, Shifting from innovation quantity to quality is a priority, Innovation clusters are mostly in the US, China and Germany, (Image credits left to right: Getty Images/Xu Bing/Matijaz Slanic/Maxger/Maxger/rendixalextian/gremlin), Infographic: Top five innovation economies globally, by region and by income group, Infographic: Global leaders in different dimensions of the GII 2019. The 12th GII was co-published by WIPO, Cornell University and INSEAD. It is a global competitiveness gap that is particularly concerning, given the world economy faces the prospect of a downturn. The annual global index, which ranks the innovation performance of nearly 130 economies around the world, took into consideration key indicators such as business sophistication, … Singapore in Asia, remain consistent members of the GII top 10. This can be seen by India which jumped five places in the rankings … China remains It is published by Cornell University, INSEAD, and the World Intellectual Property Organization, in partnership with other organisations and institutions, and is based on both subjective and objective data derived from several sources, including the International Telecommunication Union, the World Bank and the World Economic Forum. The index, which is collated by Cornell University, INSEAD and the World Intellectual Property Organization (WIPO), put the country in fourth place, after Switzerland, Sweden and the US. Addressing lingering questions of patent eligibility in a balanced forward-looking fashion would further cement U.S. innovation leadership.” The 2019 Index also shows progress in developing countries. India Innovation Index 2019: ‘Karnataka tops innovation ranking of states’ The index, developed on the lines of the Global Innovation Index, looks into the innovation ecosystem of Indian states and Union Territories to help policymakers design policies to drive innovation across regions. Top five economies that showed largest decline in innovation score The GII 2019 special theme analyzes the medical innovation landscape of the next decade, looking at how technological and non-technological medical innovation will transform the delivery of healthcare worldwide. CAIRO - 19 March 2019: Egypt climbed 10 spots to rank at 95 on the Global Innovation Index (GII) for 2018, up from of 110 last year. H.E. In the 2019 Democracy Index the average global score for democracy fell from 5.48 in 2018 to 5.44 (on a scale of 0-10). Its 80 indicators explore a broad vision of innovation, including political environment, education, infrastructure and business sophistication. Commerce and Industry Minister Piyush Goyal released the Global Innovation Index (GII) rankings here. the largest improvements in innovation score. The rise in the GII by economic powerhouses like China and India have transformed the geography of innovation and this reflects deliberate policy action to promote innovation.”, “The 2019 launch of the Global Innovation Index in India is a significant event and a recognition of the Government of India’s commitment to innovation in recent years. China Video: Overview of main points covered in the Global Innovation Index 2019, Video: Asia - The Future Hub of Innovation (panel discussion), Video: Speakers discuss the importance of innovation (welcoming session), Video: The future of healthcare (panel discussion), Video: Speeches at the launch of the GII 2019, Video: Research and development in India (panel discussion). Collaborative experience platforms are the infrastructure of this change. Global Innovation Index (GII) 2019 Rankings. Global Innovation Index (GII)-2019 - JournalsOfIndia Source: PIB & WIPO In Europe, Switzerland takes the lead, ranking 1 st overall in the GII for the ninth consecutive year. Australia’s innovation score of 50.34 placed it 22nd in WIPO’s newly released Global Innovation Index 2019 (GII) report – a drop of two positions from last year’s ranking – … The 2019 index has found that innovation is still blossoming despite the global economic slowdown, especially in Asia. This year's index has found that innovation is blossoming despite the global economic slowdown, particularly in Asia. In the absence of swift action, innovation in health and medicine may become a significant source of inequality.”, “Confederation of Indian Industry (CII) is proud to be an integral part of India's journey towards an innovation-driven economy and its aspiration to be in the league of top 25 most innovation-driven economies in the world. The annual global index, which ranks the innovation performance of nearly 130 economies around the world, took into consideration key indicators such as business sophistication, … In addition to ranking the world’s most innovative economies, the index highlights regional leaders in innovation (the US, Chile, Switzerland, India, South Africa, Israel and Singapore) and the best performers by income group (Switzerland, China, Vietnam and Rwanda). Global innovation index of Ghana fell gradually from 30.26 index in 2014 to 25.3 index in 2019. Source: PIB & WIPO Union Minister of Commerce & Industry has launched the Global Innovation Index (GII) in New Delhi. This is the worst average global score since the index was first produced in 2006. In the top 20, the Republic of Korea edges closer to the top 10. Overall, Switzerland topped the 2019 ranking … infrastructure and business sophistication. 2019 rankings. The Netherlands scored highly in the 2019 edition of the Global Innovation Index (GII). Madrid – The International Trademark System, Lisbon – The International System of Geographical Indications, Budapest – The International Microorganism Deposit System, Centralized Access to Search and Examination (CASE), SCCR - Standing Committee on Copyright and Related Rights, SCP - Standing Committee on the Law of Patents, SCT - Standing Committee on the Law of Trademarks, IGC - Intergovernmental Committee on IP & GR, TK & Folklore, India and the GII: An Innovation Success Story (news article), Theme Section: Creating Healthy Lives — The Future of Medical Innovation. Greatest challenges for Innovation among Asian economies in the year 2015 ( +7 ) are only gainer of than. The world Intellectual Property Organization in the Global Innovation Index ( GII ) in New Delhi closer to the Who... 2011 so far, the Global Innovation Index ( GII ) was launched in india on 24 th 2019! 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