Google News
Daily Current Affairs
The Global Innovation Index is released annually by which organisation?
World Economic Forum (WEF)
International Monetary Fund (IMF)
United Nations Development Programme (UNDP)
World Intellectual Property Organization (WIPO)

Correct Answer : Option (D) - World Intellectual Property Organization (WIPO)

The Global Innovation Index (GII) is an index that provides detailed metrics about the innovation performance of 131 countries and economies all over the world.
* The index was first released in 2007 and is released annually.
* It is published by INSEAD, Cornell University, and the World Intellectual Property Organization (WIPO), along with other institutions.
* The index uses 80 indicators that take into account a wide idea of innovation including education, political environment, business sophistication, and infrastructure.
* The index is based on both objective and subjective data compiled from various sources including the World Bank, the International  Telecommunication Union (ITU), and the International Monetary Fund.
* The GII has become an important reference for governments and businesses to measure a country’s performance on innovation.

Published On : September 21, 2021