About Global Innovation Index:
- It is published by the World Intellectual Property Organization.
- It is a reliable tool for governments across the world to assess the innovation-led social and economic changes in their respective countries
Key Highlights of the Global Innovation Index 2024
- India has been ranked first among 10 economies in Central and Southern Asia, further emphasizing its regional dominance in innovation.
- India has also secured the 4th position in the World Intellectual Property Organization (WIPO) Science and Technology (S&T) Cluster Ranking.
- Major cities like Mumbai, Delhi, Bengaluru, and Chennai are listed among the world's top 100 S&T clusters, which are hubs for research, development, and technological advancements.
- India has achieved the 7th rank globally in intangible asset intensity, which measures the strength of non-physical assets like patents and trademarks, essential for driving innovation.
Key points about the World Intellectual Property Organisation
- It works with the vision of encouraging creative activity and promoting the protection of Intellectual Property throughout the world.
- WIPO is one of the 15 specialised agencies of the United Nations.
- Currently, there are 193 members of the World Intellectual Property Organisation.
- Headquarter:
