Sunday, 31 July 2011

India comes 62nd in the Global Innovation Index

The Global Innovation Index 2011 ranks India only 62nd out of the 125 countries/economies across the world included in terms of their innovation capabilities and results.

The GII is a collaborative effort of INSEAD, Alcatel-Lucent, Booz & Company, the Confederation of Indian Industry and the World Intellectual Property Organization, supported by an Advisory Board of nine international scholars and representatives of IOs and NGOs.

The top 10 countries in the GII 2011 are dominated by six European countries: Switzerland, Sweden, Finland, Denmark, the Netherlands, and the United Kingdom(UK). Other countries in the top ten include Singapore (3rd), Hong Kong (4th), the USA (7th), and Canada (8th).

Inspite of its tiny size and obscurity as a country in these contexts, Israel comes 7th overall, and leads the Middle East.

Our country comes a miserable 62nd.

That the CII is one of the key sponsors of the GII should indicate that our industry at least has become aware of the need to do something about this.

As always, industry fights with its hands tied in such matters, as it is really the role of government to create the right national environment for innovation.

That is why politics is so important. And that is why I am so glad that, beyond the hype of certain individuals, there is at least in UP, the start of a political party committed to ethics and social as well as ecological responsibility, the Adarsh Rashtriya Vikas Party.

Its fortunes will indicate whether there is real hope of reforming our nation politically.

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