Page 279 - ES 2020-21_Volume-1-2 [28-01-21]
P. 279

262     Economic Survey 2020-21   Volume 1


             8.31  India’s GII rankings have been led by its performance in innovation outputs. Figure 25
             shows that India has consistently improved on innovation outputs from rank 69 in 2015 to rank
             45 in 2020. Meanwhile, China has improved its rank from 21 in 2015 to six in 2020.
                                 Figure 25: Innovation Outputs Performance (2013-20)


                              80
                                                 69
                                          65            59     58     57 India 51  China
                             Innovation Output Rank  40  42 25  21                  45
                              60







                              20
                                            16
                                                          15
                                                                 11
                                                                        10
                                                                               5      6
                               0
                                   2013   2014   2015   2016   2017   2018   2019   2020
                     Source: GII database

             8.32  Figure 26 shows that India has consistently improved on innovation inputs, from rank
             100 in 2015 to rank 57 in 2020. China has improved from rank 41 in 2015 to rank 26 in 2020.
             The year 2016 marked a sharp improvement in India’s performance in the innovation input sub-
             index on account of improvement in HCR, market sophistication and business sophistication
             performance.
                                  Figure 26: Innovation Inputs Performance (2013-20)


                                120
                                                  100                  India    China
                                100
                                            93
                              Innovation Input Rank  80  46  45  41  72 29  66 31  63 27  61 26  57 26
                                     87

                                 60

                                 40

                                 20

                                 0
                                     2013   2014  2015   2016  2017   2018  2019   2020
                     Source: GII database
             8.33  Amongst  output  pillars,  India  has  significantly  improved  on  KTO  pillar  since  2014,
             almost halving its rank from 50 in 2014 to 27 in 2020 (Figure 27). China’s performance slightly
             worsened, with its rank declining from 2 in 2014 to 7 in 2020 on KTO. India has consistently
             performed better in the knowledge diffusion sub-pillar as compared to knowledge creation and
             impact.
   274   275   276   277   278   279   280   281   282   283   284