The Index innovation world 2017 conclusions establishes that Switzerland, Sweden, the Netherlands, the United States of America (USA) and the United Kingdom are the world’s most innovative countries, as a group of Nations, including the India, Kenya and Vietnam are ahead of other Nations that have the same degree of development.

The study points out that there is still a gap in innovative capacity between developed and developing countries and is observed that the rate of progression in research and development, both at the State level and companies is mediocre.