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Innovation: Trending Up but needs thrust, especially from the Private Sector  263


                          Figure 27: Knowledge & Technology Outputs Performance (2013-20)

                              60

                                          50     49                    India    China
                              50
                                                        43            43
                              40   37                          38            32
                            KTO Rank  30                                            27




                              20


                              10                          6              5      5      7
                                     2      2      3              4
                               0
                                   2013   2014   2015   2016   2017   2018   2019   2020
                     Source: GII database

             8.34  On creative outputs pillar, India’s rank improved from 95 in 2015 to 64 in 2020 (Figure 28).
             Meanwhile, China’s rank improved from 54 in 2015 to 12 in 2020. India has been performing
             better in creative goods & services sub-pillar than intangible assets and online creativity sub-pillars.

                                  Figure 28: Creative Outputs Performance (2013-20)


                            120
                                                                         India    China
                            100     96   82     95      94     85     75      78
                          Creative outputs Rank  60  65  59  54  30  26              64
                             80






                             40

                             20


                              0                                         21      12     12
                                  2013   2014    2015   2016   2017    2018   2019   2020
                     Source: GII database


             8.35  India  has  improved  over time on input pillars as well. Figure 29 shows  consistent
             improvement in India’s rank on institutions pillar from 106 in 2014 to 61 in 2020. China’s
             performance is close to India on this front, with rank 114 in 2014 and rank 62 in 2020. India’s
             performance is led by marked improvement in the political and business environment. Business
             environment further registered a sharp improvement in 2020 as compared to 2019 on account of
             improvements in the parameter “ease of resolving insolvency”.
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