Global Innovation Index (GII)

Global Innovation Index (GII) – The Global Innovation Index (GII) is an annual assessment published by the World Intellectual Property Organization (WIPO) in collaboration with various academic and research institutions. It provides a comprehensive overview of a country’s innovation ecosystem, measuring both input factors (resources devoted to innovation) and output factors (results achieved through innovation). The GII evaluates multiple dimensions, including institutions, human capital and research, infrastructure, market sophistication, business sophistication, knowledge and technology outputs, and creative outputs. Each of these dimensions is further broken down into sub-indexes to highlight specific strengths and areas needing improvement, enabling countries to benchmark performance and implement policies that foster innovation. Key Point: By offering a comparative and multi-dimensional analysis, the GII helps governments, policymakers, and businesses identify gaps, enhance competitiveness, and promote sustainable economic growth through innovation.

Example Scenario

Country A:

• Innovation Input Score: 75/100 (strong institutions and R&D infrastructure)

• Innovation Output Score: 60/100 (moderate technology and creative outputs)

Interpretation:

• Country A has excellent resources and talent but needs to improve commercialization and creative output to fully leverage its innovation potential.

• Policy implication: Invest in startups, enhance intellectual property protection, and encourage collaboration between academia and industry.