These are the world's most innovative countries. The US isn't even in the top 5. - Business Insider

A total of 60 nations are included in the index, which is compiled using criteria including research and development spending, manufacturing capability, and concentration of high-tech public companies.

Innovation was a hot topic this week at the World Economic Forum in Davos, Switzerland, as the political, academic, and business elite discussed technological solutions to the current climate crisis. Germany secured first place because of its positive ratings in patent activity, high-tech density, and value-added manufacturing. South Korea, on the other hand, recorded a slump in productivity, pushing it down to second place.it grew at its slowest pace in six yearsMeanwhile, Singapore rose from sixth place to third overall, and three Nordic countries made it into the top 10.

Japan's innovation ranking dropped by three spots since last year , and the US, which held first place when the Bloomberg Index first debuted in 2013, is now only the ninth most innovative country in the world. The second-largest economy, China, rose one spot to 15th.10. FranceFrance is one of the few countries on this list that didn't change its ranking.

It was marked well for investment in corporate research and development and its telecommunications infrastructure, but its education system didn't stack up to the competition.

This is non sense.... Google FaceBook Apple Microsoft Amazon Uber Tesla and it goes on and on...

But we’re now right up there in the laughingstock category.

America isn't innovative because it is an established nation, with lots of bureaucracy and red tape, bout time america started to get more innovative!!

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Blackstone CEO Steve Schwarzman succession comments - Business InsiderBlackstone CEO Stephen Schwarzman says he doesn't understand why companies pit execs against each other in succession battles, and tells us why he kept his next-in-line a secret for more than a year
Source: BusinessInsider - 🏆 729. / 51 Read more »

Wealth tech sees sharp decline in new entrants - Business Insider - Business InsiderICYMI: After a sharp downturn in the number of emerging wealthtech startups, existing players will be forced to tweak their business models to survive:
Source: BusinessInsider - 🏆 729. / 51 Read more »

Verizon tops network performance with fewest interruptions - Business InsiderVerizon customers experienced the fewest network interruptions compared with customers on all other major networks in the six US regions. Facts Verizon the best
Source: BusinessInsider - 🏆 729. / 51 Read more »

Gas station ditched oil to become the first EV charging station in US - Business InsiderThe gas station received a grant of $786,000 from the Maryland Energy Administration and the Electric Vehicle Institute for the project. first sentence 'The station received a grant of $786,000 from..' 🙄
Source: BusinessInsider - 🏆 729. / 51 Read more »

San Francisco has more gyms and wellness facilities than any US city - Business InsiderMillennials aren't so interested in traditional retail, but they'll pay for pricey gym memberships, boutique fitness classes, and wellness treatments. It's sunny in San Francisco. they also have the most human poop and used needles per square mile too! And nobody in them.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Wall Street Insider January 25 - Business InsiderWhat's behind a new training push at Merrill Lynch; Blackstone CEO Steven Schwarzman talks succession planning; JPMorgan wants more UX experts
Source: BusinessInsider - 🏆 729. / 51 Read more »