Lankapage Logo CP 18 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to LankaPage.com

Leading News from Sri Lanka::

* Sri Lanka shows improvement ranking 90th on Global Innovation Index 2017
Sat, Jun 17, 2017, 09:28 am SL Time, ColomboPage News Desk, Sri Lanka.

June 17, Colombo: Sri Lanka shows a one-position improvement this year ranking 90th in the Global Innovation Index (GII) 2017 with a score of 29.9 in a 0-100 scale, 100 being the most innovative.

The GII measured the performance of 127 countries and economies in the area of innovation, which represents the majority of the global workforce and global GDP.

The 2017 index, co-authored by Cornell University, INSEAD and World Intellectual Property Organization (WIPO) is based on 81 indicators, which measure innovation in detail and provide a clear understanding of how it drives economic growth and prosperity.

Sri Lanka performed poorly in sub-indices of Institutions (111th) Human Capital & Research (105th) while showing strength in Infrastructure (63rd) and Knowledge & Technology Outputs (68th). The country ranked 86th in Market Sophistication sub index, 83rd in Business Sophistication, and 86th in Creative Outputs.

Economies of the Central and Southern Asia region have seen further improvements in their rankings since 2016, with seven economies improving their rankings and with India moving into the top half of the GII this year.

India maintains its top place in the region, moving up six spots from 66th last year to 60th this year overall. Elsewhere in South Asia, Nepal ranked 109th, Pakistan (113th, and Bangladesh ranked 114th.

Switzerland, Sweden, the Netherlands, the US and Britain retained their top spots as the most innovative countries. China improved to the 22nd spot, from 25 last year, while Singapore featured as the seventh most innovative economy.

 


ColomboPage - Recent 10 Stories ::
Government to gazette terms and conditions for SAITM, halts further enrollment and degree awarding
-- [5 hours ago]
Sri Lanka Navy nabs two persons with 135 kg of Kerala Cannabis
Tamil Nadu fishermen increase poaching in Sri Lankan waters, Navy arrests 39 fishermen in last three days
Peace Winds Japan teams up with local partner to provide emergency relief items for Sri Lanka flood victims
Amnesty International calls on Sri Lanka for immediate implementation of Office on Missing Persons
CSE announces revision of share transaction fee structure from Tuesday
Sri Lanka launches another Dengue eradication program as disease spreads
Sri Lanka's ornamental fish sector wins international accolades
Sri Lanka state doctors end strike amid heavy protest from public
Batticaloa District of Sri Lanka formally declared landmines Free

Copyright © 2000, 2016 by LankaPage.com (LLC) :
The news and other contents on ColomboPage are copyrighted property of LankaPage.com, LLC. Any unauthorized use of any information on ColomboPage may constitute a violation of copyright laws. You need written permission to reproduce, republish, post, transmit, broadcast or distribute, material from this site from LankaPage.com, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.