Government think tank Niti Aayog has invited expressions of interest (EoI) for undertaking research on India Innovation Index. The index is envisaged to encourage states/UTs to examine and improve their innovation environment and performance, which could further lead to improvement in India's overall innovation performance. It is designed as a holistic tool which can be used by policymakers across the country to identify the challenges to be addressed and the strengths to leverage when designing the economic growth policies for their regions. The India Innovation Index is calculated as the average of the scores of factors under 'Enablers' and 'Performance'. Enablers are the factors that underpin innovative capacities, grouped in five pillars -- human capital, investment, knowledge workers, business environment, and safety and legal environment. The Performance captures benefits that a nation derives from the inputs, divided in two pillars -- knowledge output and knowledge ...
According to the 'India Real Estate Q3' report by Knight Frank, the country recorded office transactions of 16.1 million square feet during the July-September quarter
The index by the World Intellectual Property Organisation (WIPO) was released on Thursday and ranked 132 economies on the Innovation index
Also in a bid to attract industrial investment, the government has decided to allot 2,458 acres in the Mohasa-Babai industrial area, Narmadapuram district
This was mainly due to an improvement in information and communication technologies (ICT) services exports, venture capital recipients' value as well as finance for start-ups.
About India, the statement said it has become the third most innovative lower middle-income economy in the world, thanks to newly available indicators and improvements in various areas of the GII
The index is based on seven pillars, which include five enablers and two performance indicators
Sikkim topped in the North-East category, while Delhi was at the top in the UT segment
The GII rankings are published annually by Cornell University, INSEAD and the UN World Intellectual Property Organisation (WIPO) and GII Knowledge Partners
The first ranking is expected to be released at the India Economic Summit in New Delhi on Oct 4-6, 2017