Page 270 - ES 2020-21_Volume-1-2 [28-01-21]

Innovation: Trending Up but needs thrust, especially from the Private Sector 253

Figure 14: Performance of Top 10 Economies on GII

Global Innovation Index 2020
0
UK US
CH FR GR
JP CA
20
IT
Rank

40
IN 48

60 BR
3.8 4 4.2 4.4 4.6 4.8
Log 10 (GDP per capita 2019, PPP Current International $)
Source: The World Bank and GII database
Note: Highest possible rank is 1. Figure shows India’s innovation rank. US = USA, CH =
China, JP = Japan, GR = Germany, IN=INDIA, UK = United Kingdom, FR = France, IT =
Italy, BR = Brazil and CA = Canada.
Figure 15: Performance of Top 10 Economies on Innovation Output Sub-Index

Innovation Output Sub-Index 2020
0
CH UK US
GR
FR
JP
20
IT CA
Rank

40
IN 45

60 BR

3.8 4 4.2 4.4 4.6 4.8
Log 10 (GDP per capita 2019, PPP Current International $)
Source: The World Bank and GII database
Note: Highest possible rank is 1. Figure shows India’s innovation rank. US = USA, CH =
China, JP = Japan, GR = Germany, IN=INDIA, UK = United Kingdom, FR = France, IT =
Italy, BR = Brazil and CA = Canada.

8.22 This trend continues in innovation outputs and innovation inputs. Performance on
innovation outputs of the ten largest economies (GDP current US$) may be seen in Figure
15. Although India performs as per expectations for its level of development, India is ranked
second lowest, after Brazil, on innovation outputs. Figure 16 shows performance on innovation
inputs of the ten largest economies (GDP current US$). India performs in line with its level of
development but ranks second lowest, after Brazil, on innovation inputs amongst the top ten
economies.