Skip to main content

India vs. China : On Innovation and Competitiveness

As per a Feb 2009 Report, “The Atlantic Century : Benchmarking EU & U.S. Innovation and Competitiveness”  from The Information Technology & Innovation Foundation (ITIF), China stands at 33 with 36.0 points while India finishes the last in the list of 40 countries in the world with 21.6 points.

What is the basis for these Rankings?

To create a holistic understanding of how a country is performing in terms
of global competitiveness and whether or not that performance is expected
to continue, decline, or increase in the future, ITIF used the following 16
indicators to evaluate the global competitiveness of the United States and
other countries:
1. Human capital: higher education attainment in the population ages
25–34; and the number of science and technology researchers per
1,000 employed.
2. Innovation capacity: corporate investment in research and
development (R&D); government investment in R&D; and share of the
world’s scientific and technical publications.
3. Entrepreneurship: venture capital investment; and new firms.
4. Information technology (IT) infrastructure: e-government;
broadband telecommunications; and corporate investment in IT.
5. Economic policy: effective marginal corporate tax rates; and the
ease of doing business.
6. Economic performance: trade balance; foreign direct investment
inflows; real GDP per working-age adult; and productivity.

And when it comes to overall change from 1999 to Feb 2009 on similar ranking, China tops the list with 19.5 points while India secured the spot of 14 with 13.6.

So these rankings indicate that over the last 10 years, China is becoming competitive and innovative faster and better than the rest of the world while it has lot catching up to do in absolute world rankings. And India still lags behind China with wider margin in both the change as well as absolute rankings.

Popular posts from this blog

You Are What You Think People Think About You

There are about 6.7 Billion people in this world that we know of.  Whether you believe in ‘Creation’ or ‘Evolution’, this human race started with a tiny number. It is quite amazing to see how fast it multiplies. What is more amazing is that every single individual in that 6 billion crowd is born ‘unique’.  Quite literally, you are born to be one in a billion, whether you believe it or not. “ This was the Introduction to my latest and last speech in Toast Masters club, ‘One in a Billion’ as part of International Speech contest. 
As much as I believe that each one of us can be that 'one in a billion' personality, I admit the reality as I perceive it and some times feel alone in that belief.
A famous quote says 'You are what you think'. It is also true that 'you are what you think people think about you'. If you think people think you are smart, then you act smart and become smart. If you think people think you are dumb, you will become dumb even if you are not, a…

Cooking looks like an unforgiving art

When you are writing software, you always get a second chance. In fact, lots of chances to get it correct. You have compiler warnings, failed test cases and some times crashes alert you that something is not right and will give you a chance to correct. And you get literally unlimited chances to apply those corrections. 
Well, cooking looks to be totally unforgiving in this respect and on any given day, you may get just one chance to get it right. If you fail, you fail. Try again right away if you have patience of starting it all over. Or start over some time later or next day. But not much of a second chance to correct a mistake. 
More ruthless, when it comes to salt. If you put just a little more, even a tiny little more, it never hesitate to show what it got. Totally ruthless. End result will be a failed dish that no one will be able (and/or happy) to eat. And most dishes, you may not be able to add something little more to offset it.

Little trick I learned the hard way, start on …

Did NDTV Just Twisted Words?

I have recently spotted quite a few places where NDTV title doesn’t exactly say the same as the details in the article says. Lost in translation? or just plain twisting for journalistic sensationalism?Title says “'AAP doesn't treat women as humans,' says founder member Madhu Bhaduri as she quits”, but the quote in details says, slightly differently: “In this party, women are not considered humans” (see the text highlighted).Source : NDTV.comYou may say, they effectually mean the same thing. Is it? Even if they mean the same,  Why not use the same exact phrase in both places?