Page 264 - ES 2020-21_Volume-1-2 [28-01-21]

Innovation: Trending Up but needs thrust, especially from the Private Sector 247

Figure 8: India’s performance in Creative Outputs Pillar in GII 2020

Innovation Output Sub-Index 2020 Creative Outputs Pillar 2020
Pillar Creative Outputs Sub-Pillar: Intangible Assets
0 UK GR 0 FR GR
CH FR US CH JP UK US
JP CA CA
IT IT
50 50
Rank India 64 BR Rank India 67 BR
100 100

150 150
3 3.5 4 4.5 5 3 3.5 4 4.5 5
Log 10 (GDP per capita, PPP Current International $) Log 10 (GDP per capita, PPP Current International $)
Creative Outputs Pillar 2020 Creative Outputs Pillar 2020
Sub-Pillar: Creative Goods & Services Sub-Pillar: Online Creativity
0 0 UK
UK US GR
CH JP GR CA US
FR IT FR
50 India 58 IT CA 50 JP
Rank Rank BR
100 BR 100 India 90
CH
150 150
3 3.5 4 4.5 5 3 3.5 4 4.5 5
Log 10 (GDP per capita, PPP Current International $) Log 10 (GDP per capita, 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, UK = United Kingdom, FR = France, IT = Italy, BR = Brazil and CA = Canada.

8.15 Figure 9 shows India’s performance in the institutions pillar and its three sub-pillars –
political environment, regulatory environment and business environment vis-à-vis its level of
development. India performed above expectation for its level of development in all three sub-
pillars of the institutions pillar in 2020. It performed better in business environment (rank 62)
and political environment (rank 63) than in regulatory environment (rank 70), taking its overall
institutions ranking to 61.