According to the World Economic Forum’s latest Global Competitiveness Report, which ranks 141 economies on their innovation capability, these economies are 10 best innovators of 2019.
- Germany
For the second year in a row, Germany retains the title of the world’s most innovative country. It scores particularly high for research and development – and has more than 290 patent applications per million of the population.
- The United States
The US comes first for the prominence of its research institutions and for the number of scientific papers it publishes.
- Switzerland
The second most innovative country in Europe, Switzerland likes to collaborate – coming top for international co-inventions (71.42) per million of the population.
- Taiwan, China
Taiwan, China performs well across most of the innovation capability indicators – coming fourth for the diversity of its workforce, and third for the number of patent applications per million of the population.
- Sweden
Like the US, Sweden works well with others, coming fourth for international co-inventions per million of the population. It also invests 3.3% of its GDP on research and development.
- South Korea
The second most innovative economy in Asia, South Korea tops the rankings for buyer sophistication, as well as scoring highly for patent applications and R&D expenditure.
- Japan
Although seventh overall for innovation, Japan comes first in the research and development sub-pillar.
- United Kingdom
The UK comes eighth for innovation, with its strongest indicator being scientific publications, for which it scores 1,289 – 150 points higher than the most innovative country, Germany.
- France
France performs well in the research and development sub-pillar, ranking third for the prominence of its research institutions.
- Netherlands
The Netherlands has improved this year in every indicator in the research and development sub-pillar and it ranks third for multi-stakeholder collaboration.
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