India ranks 81 out of 141 countries on the Global Innovation Index (GII) 2015, well behind middle income countries such as Brazil, China and South Africa.
But, in the Central and Southern Asia region, it retains its top stop in the regional ranking, followed by Kazakhstan and Sri Lanka
Globally, Switzerland, followed by the United Kingdom, Sweden, Netherlands and the US are ranked as the most innovative countries in the world.
Despite falling five positions in the overall rankings since 2014, India, along with 10 other developing countries, is now categorised as innovation outperformers.
But, in the Central and Southern Asia region, it retains its top stop in the regional ranking, followed by Kazakhstan and Sri Lanka
Globally, Switzerland, followed by the United Kingdom, Sweden, Netherlands and the US are ranked as the most innovative countries in the world.
Despite falling five positions in the overall rankings since 2014, India, along with 10 other developing countries, is now categorised as innovation outperformers.
Parameters for calculation:
The GII 2015 is calculated on the basis of how a country fares on seven key parameters:
institutions
human capital and research
infrastructure
market sophistication
business sophistication
knowledge and technology outputs
creative outputs.
institutions
human capital and research
infrastructure
market sophistication
business sophistication
knowledge and technology outputs
creative outputs.
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