Switzerland is the world’s most innovative economy, followed by Sweden, Singapore, Hong Kong and Finland, according to a study.
The Global Innovation Index 2011, released on Thursday, evaluated 125 economies. Last year, Switzerland ranked fourth.
The index recognises the key role of innovation as a driver of economic growth and prosperity. Although Switzerland did not rank first in any of the individual criteria, its overall performance earned it first place.
Contributing factors included the stable political and economic conditions, very good education system, high spending on research and development, efficient infrastructure, high demands of the domestic market and the ability to channel these strengths into successful innovations. More...
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The Global Innovation Index 2011, released on Thursday, evaluated 125 economies. Last year, Switzerland ranked fourth.
The index recognises the key role of innovation as a driver of economic growth and prosperity. Although Switzerland did not rank first in any of the individual criteria, its overall performance earned it first place.
Contributing factors included the stable political and economic conditions, very good education system, high spending on research and development, efficient infrastructure, high demands of the domestic market and the ability to channel these strengths into successful innovations. More...
Report + rankings...
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