Page 280 - ES 2020-21_Volume-1-2 [28-01-21]
P. 280
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”.