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The most innovative economies of the world 2017
The annual rating of innovative economies of the Bloomberg Innovation Index of 2017 is drawn up, which assesses the R & D economy and the concentration of high-tech public companies. South Korea has become the most innovative economy. It has become the leader because of the intensity of R & D and the production of products with high added value.
 
The most innovative economies of the world 2017
 
The second most innovative economy in the world is Sweden, due to improvements in the indicators of production with high added value. While Finland has grown in the ranking by two lines largely due to the rise of high-tech firms. Norway remained on the 14th place, as well as last year.

Innovative ideas tend to pay off well in Sweden, despite the fact that the current government has set taxes on labor that could reduce investment in business. The Swedes themselves contribute to an atmosphere of great personal ambitions. People are interested in implementing their ideas, there is a means of encouragement, and the tax system contributes to this, notes Magnus Henrikson, director of the Research Institute of Industrial Economics. In a country traditionally dominated by transnational companies, state funding played a special role for small firms. Sweden remained number 5 in the sub-category of spending on research and development.

"In Sweden, much attention was paid to research and development. And we see what happened in many countries where this was not done, "said Aisa Lindholm Dalshtrad, teacher of innovative research at Lund University.

Japan moved from the 4th place to the 7th because it reduced the patent activity.

The US dropped one position (9), while Israel went up one level (10). China remained on the 21st place, improving its higher education indicators, while its high-tech concentration indicators faltered.

Most of all the position in this index of innovation was lost by Russia, having shifted from the 14th place to the 26th. Sanctions and the consequences of almost two years of low energy prices, Russia has strongly surrendered its position in production and productivity compared to last year.

More than 200 countries participated in the rating. Those that did not provide data for at least six of the seven categories were removed from the list, which was reduced to 78. In general and by categories, Bloomberg published the list of the top 50 most innovative economies.

In compiling the rating, Bloomberg experts used seven criteria, including research and development costs as a percentage of GDP, added value of technological production in GDP, industrial productivity, the number of companies in the high-tech sector in the country, the development of services, the number of professional researchers and patents.

The most innovative economies of the world 2017

1. South Korea - 89.00
2. Sweden - 83.98
3. Germany - 83.92
4. Switzerland - 83.64
5. Finland - 83.26
6. Singapore - 83.22
7. Japan - 82.64
8. Denmark - 81.93
9. United States - 81.44
10. Israel 81.23
...
26. Russia - 64.24

Evaluation criteria in the index:

R & D intensity: research and development, in percent of GDP.

Manufacturing value-added: production of products with high added value, as a percentage of GDP and per capita.

Productivity: GDP and GNP for each employee hired over 15 years.

High-tech density: the number of high-tech public companies with a legal address within the country - as a percentage of the total number of public companies and the proportion of the total number of high-tech companies in the world. This includes aerospace, defense, biotechnology companies, electronics companies, software, Internet services and renewable energy companies.

Tertiary efficiency: the effectiveness of the system of higher education. Shows the proportion of the workforce that has a higher education, in percentage terms compared with secondary education.

Researcher concentration: employees, incl. with post-graduate education (an analogue of Russian graduate school) involved in R & D, per million people.

Patent activity: patent activity. Number of patents per 100 billion GDP; the number of applications for patents, valid patents per million people.
 
Read also:

  • The state debt of the countries of the world 2017
  • GDP of the world's countries 2017
  • GDP per capita world countries 2017 (table)
  • World Economic Forum in Davos 2018
  • Deutsche Bank will continue to reduce employees to below 90 thousand


  • The most innovative economies of the world 2017


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    GDP of the world's countries 2017
    List of the IMF in trillion. $.

      1 USA - 19,284
      2 China - 12,263
      3 Japan - 4,513
      4 Germany - 3,591
      5 Great Britain - 2,885
      6 France - 2,537
      7 India - 2,487
      8 Italy - 1,901
      9 Brazil - 1,556
      10 Canada - 1,530
    GDP per capita world countries 2017 (table)

    List of the IMF in $

      1 Luxembourg - 108004.9
      2 Switzerland - 79347.76
      3 Norway - 72046.29
      4 Qatar - 67269.64
      5 Macao - 61365.29
    The state debt of the countries of the world 2017

    Public debt of 2017 countries as a percentage of GDP

      1 Japan - 250,91
      2 Lebanon - 147,62
      3 Italy - 131,71
      4 Eritrea - 127,5
      5 Portugal - 127,33
      6 Cape Verde- 122,25
      7 Bhutan - 122,12
      8 Jamaica - 116,07
      9 USA - 107,48
      10 Barbados - 106,58
    Gold and currency reserves of the countries of the world 2017

    International reserves, billion USD

      1 China - 3080,7
      2 Japan - 1260,0
      3 Switzerland - 773,1
      4 European Union - 745,9
      5 Saudi Arabia - 492,9
      6 Taiwan - 444,4
      7 Russia - 419,9
      8 Hong Kong - 413,3
      9 India - 393,6
      10 Republic of Korea - 383,8

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