PREVIOUS
✖
Global Innovation Index
February 12 , 2026
5 days
139
0
- The Global Innovation Index (GII) is published by the World Intellectual Property Organization (WIPO) and ranks countries by innovation inputs and outputs.
- China became the world’s largest spender on research and development (R&D) in 2024.
- Global R&D spending reached $2.87 trillion in 2024, growing nearly 3% annually.
- China spent $785.9 billion, overtaking the United States ($781.8 billion).
- India ranked 7th, with $75.7 billion spent on R&D in 2024.
- Asia now accounts for about 45% of global R&D spending, showing a shift from Western dominance.
Leave a Reply
Your Comment is awaiting moderation.