Global Innovation Index 2024

Sep 24, 2024

Current Affair 1:

The Global Innovation Index 2024 (GII), in its 17th edition this year, is published annually by the World Intellectual Property Organization (WIPO) in partnership with the Portulans Institute.

The GII 2024 is calculated as the average of two sub-indices.

The Innovation Input Sub-Index gauges elements of the economy that enable and facilitate innovative activities and is grouped into five pillars: (1) Institutions, (2) Human capital and research, (3) Infrastructure, (4) Market sophistication, and (5) Business sophistication (see Framework).

 

The Innovation Output Sub-Index captures the actual results of innovative activities within the economy and is divided in two pillars: (6) Knowledge and technology outputs and (7) Creative outputs.

Nothing more than this is required.

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