Global Innovation Index 2013 has been released. India's low ranking at 66 lower than Bosnia and Hezegovina is a puzzle. All troubled EU states, Ireland, Portugal, Italy, Spain had much better ranking implying that economic hardships do not matter at least in innovation score. Jingoist in me prods to take pot shots at the massive document.
I notice several shortcomings with the indicators , weightage and data collected. Indicators like Press Freedom, cost of reduncy dismissal, ease of solving insolvency, wikipedia edits, YouTube uploads whatever their relationship to Innovation , will paint better picture of west. Indicators as percentage of GDP like electricity output , credit to private firms and those given for population as denominator like ICT access for millions of people are skewed in favor of small, developed countries. Finally the data - ranking political stability for India at 123, press freedom at 113 etc and ignoring data on number of graduates in science & engineering, researchers, patents, M&A all lead to questionable inferences.
Any comments???
I notice several shortcomings with the indicators , weightage and data collected. Indicators like Press Freedom, cost of reduncy dismissal, ease of solving insolvency, wikipedia edits, YouTube uploads whatever their relationship to Innovation , will paint better picture of west. Indicators as percentage of GDP like electricity output , credit to private firms and those given for population as denominator like ICT access for millions of people are skewed in favor of small, developed countries. Finally the data - ranking political stability for India at 123, press freedom at 113 etc and ignoring data on number of graduates in science & engineering, researchers, patents, M&A all lead to questionable inferences.
Any comments???
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