Global Innovation Index Overview
Since 2007, INSEAD has been leading efforts to design, produce and disseminate the Global Innovation Index. Initially produced by Professor Soumitra Dutta, with the support of the Confederation of Indian Industries, the GII rapidly gained international praise and recognition. In 2012, the World Intellectual Property Organization (WIPO) joined as a partner, as well as large global companies such as Alcatel-Lucent and Booz. In 2013, Cornell University became a GII co-publisher, and two new representatives from the private sector joined: Huawei (China) and Du (UAE).
Like the GITR, the GII rapidly achieved global fame as a highly respected benchmark in the field of innovation. In 2013, GII was the flagship report presented at the High Level Segment of the Economic and Social Council of the United Nations (1 July, Geneva), under the authority of Secretary-General Ban Ki Moon.
Recognizing the key role of innovation as a driver of economic growth and prosperity, the GII promotes a new approach to how innovation is measured and stimulated. Going beyond traditional measures such as numbers of patents, publications and PhD researchers, GII recognizes the need for a broader horizontal vision of innovation, which should be applicable to both developed and emerging economies.
The index allows policy makers, business leaders and other stakeholders to evaluate progress on a continuous basis, and facilitates public-private dialogue around innovation policies. GII also offers an original view of innovation efforts at various levels of development through its "innovation efficiency" ranking.
The core of the GII Report consists of a ranking of world economies' innovation capabilities and results. Over the last seven years, the GII has established itself as a leading reference on innovation. Understanding in more detail the human aspects behind innovation is essential for the design of policies that help promote economic development and richer innovation-prone environments locally. Recognizing the key role of innovation as a driver of economic growth and prosperity, and the need for a broad horizontal vision of innovation applicable to developed and emerging economies, the GII includes indicators that go beyond the traditional measures of innovation such as the level of research and development.