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August 2016

Global Innovation Index 2016

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India scored a major improvement in its Global Innovation Index ranking this year, moving up to the 66th place from 81 in 2015. India’s better performance in the latest index readings was due to its strengths in tertiary education, software exports, corporate R&D and market sophistication. Among middle-income countries, India (25) came second after China (17) in innovation quality, overtaking Brazil (27). China figured at the 25th position (29 in 2015), the only middle-income country in the…

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