India's ranking in the Global Innovation Index (GII) has slipped from the 56th position in 2010 to the 62nd place this year, while Switzerland topped the chart, according to a study. But at the same time, India has improved its position on Scientific Research and Development from 13th position in 1996 to 9th position in 2010.
Sweden, Singapore, Hong Kong and Finland notched second, third, fourth and fifth place in the GII rankings.
China (29th) is the only emerging economy to have reached the Top 30 on the GII.
The GII for the year 2011, which was released in Geneva, examines how countries leverage their enabling environments to stimulate innovation results.
The study was conducted by the Confederation of Indian Industry (CII) and INSEAD.
Speaking on the occasion, Dr Naushad Forbes, Chairman of the CII Innovation Council 2011-12 and Director of Forbes Marshall, said on July 4, 2011 that the whole world is talking about innovation in all forms starting from industry to government to society.
After the recent economic slowdown, the focus has shifted clearly towards the developing regions not only in terms of a booming potential market but also a hot spot for frugal innovations.
"Measuring this shift is important to know how we are doing, GII is a starting point to do that and unquestionably in the right direction," Dr Forbes said.
In the Innovation Efficiency Index, India however improved its ranking to 9th this year.
"The decline in input factors--political stability, regulatory environment, human capital, research and development, infrastructure, market sophistication and business sophistication--coupled with an improvement in scientific and creative output, has led to this stupendously high efficiency index for the country," the study said.
Cote d'lvoire tops this list and China and Pakistan follow at the third and the fourth positions respectively.
Three BRIC (Brazil, Russia, India and China) countries are among the Top 10 on Innovation Efficiency.
Meanwhile, India’s position globally in the field of scientific research and development, as measured by the number of research papers published, has improved from 13th position in 1996 to 12th position in 2001 and 10th position in 2006 and further to 9th position in 2010 as per the Scopus International database.
The number of applications submitted to patent new inventions made by scientists from India and other developed and developing countries received at Indian Patent Office during the last five years is as follows:-
Applications | 2005-06 | 2006-07 | 2007-08 | 2008-09 | 2009-10 |
Indian | 4521 | 5314 | 6040 | 6161 | 7262 |
Foreign | 19984 | 23626 | 29178 | 30651 | 27025 |
Total | 24505 | 28940 | 35218 | 36812 | 34287 |
Source: Office of the Controller General Patents, Designs and Trademarks.
Note: Foreigners Resident Abroad include broadly the residents of Common Wealth countries, American, European, African and Asian countries.
The Government of India has taken various measures for the promotion and growth of scientific research in the country. These measures include, successive increase in plan allocations for Scientific Departments, setting up of new institutions for science education and research, creation of centres of excellence and facilities in emerging and frontline areas in academic and national institutes, induction of new and attractive fellowships such as Innovation in Science Pursuit for Inspired Research (INSPIRE), strengthening infrastructure for Research and Development (R&D) in universities, encouraging public-private R&D partnerships, national awards for outstanding R&D for firms etc.
Recently, I got a joke on my mail forwarded by one of my good friends. After some editing, I am posting this joke here for my readers:
A Mathematician: How do you write 4 in between 5?
1st Person: Is this a Joke?
2nd Person: Impossible!
3rd Person: The question's wrong.
4th Person: Not found on the Internet.
Indian: F(IV)E
This is the reason Indians are everywhere in the world in finance, business, medicine, engineering.... anything to do with using both sides of the brain. (With input from UNI)
Recently, I got a joke on my mail forwarded by one of my good friends. After some editing, I am posting this joke here for my readers:
A Mathematician: How do you write 4 in between 5?
1st Person: Is this a Joke?
2nd Person: Impossible!
3rd Person: The question's wrong.
4th Person: Not found on the Internet.
Indian: F(IV)E
This is the reason Indians are everywhere in the world in finance, business, medicine, engineering.... anything to do with using both sides of the brain. (With input from UNI)
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