World's 10 Most Innovative Nations
#3 Germany
What do aspirin, the electron microscope, the MP3 music format, and LCDs have in common, the country of their birth, Germany. German innovation is “often based on very deep technical expertise, which allows even small German firms to become market leaders in very narrow segments,” says Christian Terwiesch, professor of operations and information management at the Wharton School of the University of Pennsylvania in Philadelphia. “These companies succeed by offering the best technology in their segment.” (Source: Wall Street Journal)
R&D intensity: 8th
Productivity: 7th
High-tech density: 4th
Researcher concentration: 17th
Manufacturing capability: 23rd
Tertiary efficiency: 25th
Patent activity: 7th
#2 South Korea
Home to cell phone companies Samsung and LG, South Korea has grown into a trillion-dollar economy since the 1970′s, according to the Daily Beast. South Korean residents use cell phones for everything–calling, surfing the Web, watching TV–forcing industry to stay on their toes.
R&D intensity: 5th
Productivity: 32nd
High-tech density: 3rd
Researcher concentration: 8th
Manufacturing capability: 3rd
Tertiary efficiency: 4th
Patent activity: 1st
#1 United States
U.S.A. is the home to the biggest tech enterprises like Microsoft, Apple, Google, and other gigantic companies. The country pours more than $25 billion into the venture capitalists each year, no wonder Silicon Valley is the epicenter of innovations.
R&D intensity: 9th
Productivity: 3rd
High-tech density: 1st
Researcher concentration: 10th
Manufacturing capability: 52nd
Tertiary efficiency: 26th
Patent activity: 6th
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