According to the GII (Global Innovation Index), Pakistan ranks 99th country out of 132 countries in 2021.
The survey investigates the existence of a strong association between economic growth and a country’s innovation capabilities. This is a rank of the world’s major economies based upon their ability to innovate.
Moreover, Pakistan is ranked seventh among the ten economies of Central and Southern Asia.
In today’s fast-paced world, Pakistan’s technological goodness is hard to come by. The possible explanation for this is that in the technological world, Pakistan is never deemed as the first mover in history. Markets are drawn to innovations, and the first movers capture global attention.
Hungary, the Netherlands, the United States, and Vermont were among the first to introduce electric vehicles. This group mobilized the premise in the 1890s and launched its vehicles at the start of the 20th century. We, on the other hand, maybe last in a long queue to work on this concept after more than a century. This year saw the introduction of Pakistan’s first electric vehicle.
It’s fuel for thought as to where we stand in the technological world. The reason for this is not all people don’t have the necessary skills, knowledge, and the gest. It is mainly because they are not given the opportunity and proper platforms.
Technology has the potential to catapult the economy to new heights. It has a significant impact on the country’s GDP. The government should take steps to improve the country’s technology sector to increase GDP and narrow the economic pressures.
Turbat, Kech