India’s progress in innovation is attributed to its abundant knowledge capital and a thriving startup ecosystem, supported by both public and private research organizations. The COVID-19 pandemic underscored the importance of innovation in addressing challenges, aligning with India’s vision of Atma Nirbhar Bharat (Self-reliant India).

1. PLUTUS IAS

2. Global Innovation Index (GII)
GS3: Economy

3. 1.Overview:
• Annual publication assessing global innovation
performance.
• Published by WIPO in partnership with institutions like
Cornell University and INSEAD.

4. • Comprises two sub-indices:
Innovation Input Index and
Innovation Output Index.
• Each sub-index includes
multiple pillars and indicators.
• Weighted average scoring for
nuanced evaluation.
2.Methodology:

5. • Switzerland leads the GII in 2023.
• Top science and technology clusters include Tokyo-
Yokohama and Shenzhen-Hong Kong-Guangzhou.
• China surpasses the US in the number of clusters.
3.KeyGlobalHighlights:

6. 4.India'sPerformance:
• India climbs to 40th place in 2023 from 81st in 2015.
• Leads among lower-middle-income countries and in
Central/South America.
• Strong performance in ICT services exports, venture capital
investments, graduates in science and engineering, and
corporate R&D investors.
• Four science and technology clusters in the top 100.
• Focus on infrastructure, business sophistication, and
institutions for improvement.

7. What is WIPO?
• WIPO (World Intellectual Property Organization) serves as the worldwide
platform for Intellectual Property (IP) services, policy development,
information dissemination, and international cooperation.
• Self-Funding UN Agency: WIPO operates as a self-funding agency within
the United Nations system and counts 193 member states among its
constituents.
• Objective: The primary objective of WIPO is to lead and facilitate the
development of an equitable and effective international IP system that
fosters innovation and encourages creativity, ultimately benefiting all
stakeholders.
• Mandate and Governance: WIPO's mandate, as well as its governing
bodies and procedures, are outlined in the WIPO Convention, which
officially established WIPO in 1967.
• Headquarter: Geneva

8. Best UPSC Coaching in Delhi
• The article explains the insights of the Global Innovation Index,
which aims to rank the different countries based on various
aspects like technology, financial conditions, areas of
improvement, and many more. Rishabh has written this article,
and our well-reputed faculty Prateek Tripathi reviews it.
• Keep reading current affairs to make your exam preparation
strong so that you can score high in the UPSC exam.
• Plutus IAS has always been conquering the best UPSC coaching
in Delhi and boosting the bright careers of many Civil Services
aspirants.

9. Thank You!
For More Information Contact us on
Call:- +91 84484-40231
Email:- Info@plutusias.com
Visit us:- www.plutusias.com