Page-14 of innovation Current Affairs, GK & News

Global Competitiveness Index 2015

The 2015 Global Competitiveness Index of the economic talk shop World Economic Forum has placed India on 55th place among 140 economies. This report defines competitiveness as ‘set of institutions, policies and factors’ that determine the level of productivity in an economy. WEF has been releasing such reports from 2006 onwards. Switzerland, Singapore, United States ..

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Indian American Karl Mehta among Presidential Innovation Fellows

Indian-American entrepreneur Karl Mehta was one among the 18 Presidential Innovation Fellows who would work on five high-impact projects in the US capital Washington DC. These Fellows would work for 6 months in Washington DC on 5 high-impact projects targeted at assisting entrepreneurs, small businesses and the economy, while considerably improving how the Federal Government services the American people.

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U.S. to establish National Additive Manufacturing Innovation Institute (NAMII) to prevent jobs drain to India

The US administration has decided to establish institute for manufacturing innovations to help prevent jobs going to India and China. It plans to set up National Additive Manufacturing Innovation Institute (NAMII), in Ohio, through public-private partnership and has received $70 million as initial financial assistance. Earlier, in March 2012, Obama had declared plans to invest ..

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India drops to 64th position on Global Innovation Index

India dropped in the Global Innovation Index (GII) ranking of 2012 to 64th position from 62nd in 2011. Lowest among the BRICS nations in the 2012 GII. Nonetheless, the nation ameliorated its position in innovation efficiency from 9th position (just behind China). Country GII Rank Rank in Innovation Efficiency Brazil 58 38 Russia 51 43 ..

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