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Global Innovation Index

Global Innovation Index:

India has climbed to the 40th rank in the Global Innovation Index of World Intellectual Property Organization. This is a huge leap of 41 places in 7 years.

  • The World Intellectual Property Organization yesterday released the Global Innovation Index 2022 in which Switzerland has emerged as the world’s most innovative economy for the 12th consecutive year.
  • Switzerland leads globally in innovation outputs, and specifically in patents by origin, software spending, high-tech manufacturing, production, and export complexity.
  • The second position was secured by the US followed by Sweden, the UK, and the Netherlands.