Innovation rate of change measurement part 2: Global Innovation Index (GII)

Abstract

It is generally believed that humanity is in an intense ever-changing process. Changes in information technology favored the globalization of economic and social processes. They have also sparked an increase in the rate of change of diverse processes, machinery manufacturing and technology management. In fact, a dynamic and complex feedback system apparently exists in which the development of radical innovations in information technology promotes the innovation of complementary technology and vice versa. In the second part of this work, we propose the use of the technological platform concept as an indirect measurement method for global innovation. The definition of a non dimensional Global Innovation Index (GII) allows us to determine in a graph the behavior of the global innovative activity. Results coincide with the K-waves proposed by Modelski [41]. Finally, quantitative GII analysis allows us to conclude, by comparison with the phenomena that happened during the second technological revolution, known as the Industrial Revolution, that we are living in a third modern-era Technological Revolution. Perhaps in the future this era will be known as the Information Technology Technological Revolution.