BiotechnologyIndia Pavilion in BIO <strong>2011</strong>, USAArun Singh, Deputy Chief of Mission, Embassy of India,Dr MK Bhan, Dr Vijay Chandru, President ABLE, & Chairman andCEO Strand Life Sciences Ltd, and Dr Rajesh Jain, Chairman, <strong>CII</strong>National Committee on Biotechnology, and JMD, Panacea BiotecLtd, releasing the India Pavilion Exhibitor Catalogue at Bio <strong>2011</strong>Dr MK Bhan, Secretary, Biotechnology, India, inaugurating the IndiaPavilion at Bio <strong>2011</strong> in Washington DC, USADr. M K Bhan, Secretary, Biotechnology, India,inaugurated the India Pavilion at the BIO exhibitionin Washington DC, USA, on 29 June. The Pavilionwas jointly organised by <strong>CII</strong> and the Association ofBiotechnology Led Enterprises (ABLE) with the supportof the Department of Biotechnology.Mr Arun Kumar Singh, Deputy Chief of Mission, Embassyof India in the United States, Dr Rajesh Jain, Chairman,<strong>CII</strong> National Committee on Biotechnology, and Joint MD,Panacea Biotech Ltd, and many other dignitaries werepresent at the inauguration.The BIO International Convention is the world’slargest annual event for countries to showcase theirbiotechnology strength to attract global players forpartnership, investments and business development.India put up a great show at the exhibition, with theparticipation of many industries and state governments.The India Pavilion drew immense interest among theglobal biotech players for collaborations.The yearly exhibition was preceded by <strong>CII</strong>'s 10th BiotechMission to US. About 45 Indian delegates participatedin the mission, jointly led by Dr Bhan and Dr. Jain.The delegation had the opportunity to visit premierinstitutions like NIH, University of Maryland, JohnHopkins University, etc, and had fruitful interactions andbusiness meetings.InnovationGlobal Innovation Index <strong>2011</strong>The Global Innovation Index <strong>2011</strong>, a <strong>CII</strong> and INSEADDr. Naushad Forbes, Chairman, <strong>CII</strong> Innovation Council, and Director, Forbes Marshall Inc.; Lynn St Amour, President/CEO, Internet Society(ISOC), Dr. Francis Gurry, Director General, WIPO; Prof. Rolf-Dieter Heuer, Director General, European Organization for Nuclear Research(CERN), Prof. Leonid Gokhberg, First Vice-Rector, Higher School of Economics (HSE) and Director, HSE Institute for Statistical Studies andEconomics Knowledge, and Prof. Daniele Archibugi, Technology Director, Italian National Research Council, and Professor of Innovation,University of London, at the launch of Global Innovation Index <strong>2011</strong> in GenevaCommuniqué <strong>July</strong> <strong>2011</strong> | 55
knowledge & innovation initiativesCountryGlobalInnovationIndex<strong>2011</strong>GII <strong>2011</strong> Ranking ( Top10 and India)InnovationOutputSub-IndexInnovationInputSub-Indexstudy on ranking countries on innovation, was releasedin Geneva on 30 June for the year <strong>2011</strong>. The studyis an annual effort to analyze different enablers forpolicy makers and other stakeholders like industry andinstitutions to evaluate their actions and impacts vis-avisother nations.Created in 2007, the GII examines how countries leveragetheir enabling environments to stimulate innovationresults. Five pillars constitute the innovation inputsub-index: institutions, human capital and research,infrastructure, market sophistication and businesssophistication. The innovation output sub-index iscomposed of two pillars: scientific outputs and creativeoutputs.From an Innovation efficiency index of 101 in2010, India has improved its ranking to 9th thisyear. Overall contribution by input factors—politicalstability, regulatory environment, human capital,research and development, infrastructure, marketsophistication and business sophistication—coupledwith an improvement in scientific and creative output,has led to this stupendously high efficiency indexfor the country.In terms of the Innovation Efficiency Index, the reporthighlights those countries that achieve more fromInnovationEfficiencyIndexGlobalInnovationIndex 2010Switzerland 1 2 3 12 4 7Sweden 2 1 5 6 2 3Singapore 3 17 1 94 7 5Hong Kong (SAR) 4 12 2 66 3 12Finland 5 6 6 35 6 13Denmark 6 7 7 47 5 8United States 7 5 11 26 11 1Canada 8 10 8 54 12 11Netherlands 9 3 16 13 8 10United Kingdom 10 9 10 50 14 4India 62 44 87 9 56 41GlobalInnovationIndex2009less, as well as those thatlag behind in fulfillingtheir innovation potential,which means the ratio ofthe output score over theinput score. Three BRICcountries are among theTop 10 on InnovationEfficiency.India ranked 62 in theoverall innovation Indexthis year, compared toits last year’s position of56. Switzerland toppedthis year’s ranking,gaining three spots fromits position in last year’sGII, with Sweden andSingapore in the 2nd and3rd positions, respectively.This year’s Top 10 listis dominated by Europewith six countries andincludes Hong Kong(4th), the United States(7th) and Canada (8th).China is the only emerging economy to have reachedthe Top 30 on the GII (29th).Dr. Naushad Forbes, Chairman, <strong>CII</strong> InnovationCouncil, and Director, Forbes Marshall, said,“Today the whole world is talking about innovationin all forms starting from industry to governmentto society. After the recent economic slowdownthe focus has shifted clearly towards thedeveloping regions not only in terms of a boomingpotential market but also as a hot spot forfrugal innovations. Measuring this shift isimportant to know how we are doing, GII is astarting point to do that and unquestionably in theright direction.”Mr Soumitra Dutta, Roland Berger Professor of Businessand Technology at INSEAD, and editor of the studysaid, “Innovation is critical to driving growth in bothdeveloped and emerging economies, especially duringa time when the global economy is still in a state ofrecovery.”Apart from <strong>CII</strong>, this year the other three knowledgepartners in GII are Alcatel-Lucent, Booze & Companyand the World Intellectual Property Organisation(WIPO).56 | <strong>July</strong> <strong>2011</strong> Communiqué