It’s an unkind blow in the midst of a fight for survival. At a time when economic growth is stuttering across all the major sectors in the country, the latest Global Innovation Index (GII) 2008-09 report says India has slipped to the 41st position from the previous year’s ranking of 23.
The study also reveals that while the top league mostly comprises countries from Europe and Asia, some of the most challenging science- and technology-based innovation programmes are taking place in pockets of Africa, which has just one country (South Africa) in the top 50.
GII is based on 90 parameters such as political stability, control of corruption, education expenditure, culture to innovate, Internet users (per 100 people), households with TV, FDI and technological awareness. It has been compiled by collecting data from various agencies, including the UNESCO, the World Bank, and the World Economic Forum, among others.