Oh dear....You do know the rankings are reviewed on a yearly basis right? There's a great deal of work to do so on such an academic piece, so hence you will need to wait.
Yes KPMG is reputed, but it's not its reputation I was questioning but rather their methodology which I underlined in my post to you.
Innovation across all sectors? So I take it you
read page 27 of the report on India it was placed at 60 on the index I showed you above. It gives a comprehensive breakdown of India's efforts within innovation.
The study worked by polling companies on innovation management trends, and the sub-sectors within those.
As for the WIPO report, you do realise it is the foremost recognised report on innovation? This is what they focussed on in 2017;
http://www.wipo.int/edocs/pubdocs/en/wipo_pub_gii_2017.pdf
Its 81 indicators explore a
broad vision of innovation, including political environment, education, infrastructure and business sophistication. This year’s report reviews the state of
innovation in agriculture and food systems across sectors and geographies.
So where did you get that it
only focuses on tech innovations and IT especially lol!
Here's something from page 52 outlining the variance between the top 10 and the rest in the top 25;
The difference between the top 10 innovation leaders and others in the top 25 Overall, the top 10 perform better than the 11–25 group in all pillars. The gap between these two groups is larger this year in both of the output-side pillars of the index. This contrast shows also that variations in performance are narrower in two of the input-side pillars,
Institutions and Market sophistication. In contrast, these gaps have expanded in Human capital and research,
It's focus is in many places.
You need to do it yourself because I already answered your question in my post above i.e. that the WIPO report outlines areas in innovation which the states on the list I put up far exceed those of India.
The WIPO methodology is amongst the most respected around, I know KPMG used perception, but that's exactly the issue here. Perception is very subjective and intangible, so therefore a questionable grounding as to award innovation rankings. WIPO's criteria, let's take one example industrial designs, this leads to tangible outcomes e.g. revenue streams, increased productivity etc.
Perception among business leaders is important but I disagree that it rivals in importance to indicators laid out by WIPO which are clear and leapfrog a nation's innovation status. Perception among business leaders changes widely and varies even day to day.
Innovation today for the most part is termed by both the corporate and academic for what it is i.e. something new. The difference lies in the generation of revenue. Look at major universities and the breakthroughs (headed by academics) they make, thats innovation and business leaders see it as such as they part fund it, and then bring it to consumers and businesses alike.
, doesn't matter if it's overall innovation or only focusing on Tech. It's just simply impossible for India to rank third. Don't hold any value on the KPMG report, it's worthless.
