Global Innovation Index 2019: Creating Healthy Lives – The Future of Medical Innovation
About the Global Innovation Index 2019
edited by Soumitra Dutta, Bruno Lanvin, and Sacha Wunsch-Vincent. World Intellectual Property Organization (WIPO) and others, 2019, e-Book, ISBN 9791095870142.
About the Global Innovation Index 2019
The Global Innovation Index 2019 (GII), in its 12th edition this year, is co-published by Cornell University, INSEAD, and the World Intellectual Property Organization (WIPO, a specialized agency of the United Nations). Published annually since 2007, the GII is now a leading benchmarking tool for business executives, policy makers and others seeking insight into the state of innovation around the world. The core of the GII Report consists of a ranking of world economies' innovation capabilities and results. Recognizing the key role of innovation as a driver of economic growth and prosperity, and the need for a broad 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.
The GII 2019 theme is "Creating Healthy Lives – The Future of Medical Innovation." Through a healthcare theme section and 16 chapters from notable contributors, the GII 2019 looks at how medical innovation, including the use of artificial intelligence (AI), genomics, and mobile-phone based health applications, will transform the delivery of healthcare.
"Innovation in the field of health is now being increasingly driven by data (Internet of Things) and artificial intelligence, in both diagnosis and prognosis. Unprecedented challenges need urgent attention in ethical, social and economic dimensions. As the power of medical decisions moves farther away from medical professions, regulators, governments, business and civil society need to establish limits to the ways in which the holders of big data and advanced algorithms can make or influence health decisions. In the absence of swift action, innovation in health and medicine may become a significant source of inequality," said Bruno Lanvin, INSEAD Executive Director for Global Indices.
India maintains its top place in the Central and Southern Asia region as the 52nd ranked economy this year. From 81 in 2015, India's 29-place move up the GII represents the biggest jump by any major economy. Thanks to its high-quality scientific publications and universities, India remains 2nd among middle-income economies in the quality of innovation. It maintains top ranks in a number of important indicators such as productivity growth and exports of services related to information and communication technologies. This year India reaches the 15th spot in global companies' R&D expenditures. It also features in the GII ranking on the world's top science and technology clusters, with Bengaluru, Mumbai and New Delhi included in the global top 100 clusters.
The GII 2019 theme is "Creating Healthy Lives – The Future of Medical Innovation." Through a healthcare theme section and 16 chapters from notable contributors, the GII 2019 looks at how medical innovation, including the use of artificial intelligence (AI), genomics, and mobile-phone based health applications, will transform the delivery of healthcare.
"Innovation in the field of health is now being increasingly driven by data (Internet of Things) and artificial intelligence, in both diagnosis and prognosis. Unprecedented challenges need urgent attention in ethical, social and economic dimensions. As the power of medical decisions moves farther away from medical professions, regulators, governments, business and civil society need to establish limits to the ways in which the holders of big data and advanced algorithms can make or influence health decisions. In the absence of swift action, innovation in health and medicine may become a significant source of inequality," said Bruno Lanvin, INSEAD Executive Director for Global Indices.
India maintains its top place in the Central and Southern Asia region as the 52nd ranked economy this year. From 81 in 2015, India's 29-place move up the GII represents the biggest jump by any major economy. Thanks to its high-quality scientific publications and universities, India remains 2nd among middle-income economies in the quality of innovation. It maintains top ranks in a number of important indicators such as productivity growth and exports of services related to information and communication technologies. This year India reaches the 15th spot in global companies' R&D expenditures. It also features in the GII ranking on the world's top science and technology clusters, with Bengaluru, Mumbai and New Delhi included in the global top 100 clusters.
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