INSEAD in collaboration with Alcatel-Lucent, Booz and Company, the Confederation of Indian Industry (CII) and the World Intellectual Property Organisation (a specialised agency of the United Nations) has published the fourth edition of the Global Innovation Index (GII). A key goal of the GII has been to find metrics and approaches to better capture the richness of innovation in society and go beyond the traditional measures of innovation such as the number of PhDs, research articles produced, research centres created, patents issued, and R&D expenditures.
The research presents a novel assessment of innovation that covers 125 economies accounting for 93.2 % of the world’s population and 98 % of the world’s Gross Domestic Product (in current US dollars).
Written in non technical language and style, the GII will appeal to diverse groups including policy makers, business leaders, academics, and different organisations of civil society.