Search Result for : Global Innovation Index

PTI India ranks abysmally at 43 out of 45 countries in a global innovation index, according to a report released by the US Chambers of Commerce which cited the country's "anaemic" Intellectual Property Rights (IPR) policy and patent act as challenges to innovation. In the 5th annual International IP Index 'The Roots of Innovation' by US Chamber of Commerce's Global Intellectual Property Center (GIPC), there is slight improvement in India s performance; it was ranked last or next-to-last in the previous four years. "In India, many of the same challenges to innovation remain," said David Hirschmann, President and CEO of GIPC. India has 8.4 score as against America's 32.6 which tops the list of 45 countries. The ...

The Dollar Business Bureau  The government will create a team to look into the positioning of India as an innovative country, said Nirmala Sitharaman, Minister of Commerce and Industry, on Friday at the unveiling of Global Innovation Index (GII) 2016, in which India is in the 66th position.  The Department of Industrial Policy and Promotion (DIPP) will form the team, consisting of government officers and experts from private sector firms, the minister said.   “We will analyse the weaknesses and challenges and find out the areas where the government needs to get more involved or stay away,” she said.   India had witnessed a downward path during the period between 2013-2015 in its position for inputs and outputs. However, this year’s GII report shows ...

The Dollar Business Bureau  A UN agency report has ranked India as the world’s top exporter of information and communication technology, while recommending that the country should leverage its position to innovate in areas where materials sciences and biology intersect with computing. India jumped 14 places to acquire 61st position this year from the 85th rank in the latest Global Innovation Index (GII). The World Intellectual Property Organisation (WIPO) in collaboration with the Confederation of Indian Industry (CII) on Monday released the report in Geneva. India ranked 8th in producing graduates in engineering and science. But it witnessed a maximum improvement in human capital and research as it moved up 40 places to rank 63. The United Nation’s (UN) specialised agency WIPO, along with Cornell University and INSEAD Business School ...

The Dollar Business Bureau   India’s rank in the global innovation index went up by 15 positions making it the 66th most innovative country in the world.   China, too, registered an improvement in its ranking and joined the club of the 25 top innovative countries in the world.    The Gobal Innovation Index, based on 82 variables in seven areas, and grouped into two sections — inputs and outputs for innovation, is essentially a resource for the global policy makers to address key challenges in innovation.   Paris-based Insead Business School, Cornell University and the UN’s World Intellectual Property Organisation jointly create and report The Global Innovation Index each year.   Some of the key domestic issues such as poor infrastructure, lack on focus on quality education and intellectual property have ...

 The Dollar Business Bureau India needs to have a long-term strategy to ensure the growth of the defence industry involving private players as production partners, said former president and scientist APJ Abdul Kalam. Kalam, who has spent decades with the Defence Research and Development Organisation (DRDO) and Indian Spare Research Organisation (ISRO), said that regulations and control procedures should be implemented in managing private industries for manufacturing of defence systems. “Encouraging high-technology tie-ups and joint ventures between Indian and other global defence industries will achieve not only competitiveness but also envisage the product for export. India cannot afford to lose any more time in pondering the issue,” he said. Kalam also insisted for the setting up of a national-level ...

 The Dollar Business Bureau The President of India, Pranab Mukherjee, called upon the need for innovation and generating ingenious solutions to overcome poverty, create employment and to ensure overall economic growth prosperity of India. Speaking at the inaugural session of ‘Festival of Innovations(FoI)’ on Saturday, the President said, “India’s knowledge system offers tremendous scope for research involving land-to-lab investigation and lab-to-land transfer of technology,” adding that the process of innovation converts knowledge into social good and economic wealth. Stating that as a part of innovation, there is a need to build viable linkages between all formal and informal sectors, the President expressed hope that the FoI initiative would bring different stakeholders across the country together on a single platform ...