Here are the 2013 Most Innovative Countries, according to Bloomberg’s Global Innovation Index.
The ranking were based on the following factors:
- R&D intensity: Research and development expenditure as a percentage of gross domestic product.
- Productivity: GDP per employed person age 15 and over.
- High-tech density: The number of high-tech public companies — such as aerospace and defense, biotechnology, hardware, software, semiconductors, Internet software and services, and renewable energy companies — as a percentage of all publicly listed companies.
- Researcher concentration: The number of professionals, including Ph.D. students, engaged in R&D per one million people.
- Manufacturing capability: Manufacturing value added as a percentage of GDP and as a share of world total manufacturing value added.
- Tertiary efficiency: The number of secondary graduates enrolled in post-secondary institutions as a percentage of cohort; the percentage of the labor force with tertiary degrees; annual science and engineering graduates as a percentage of the labor force and as a percentage of total tertiary graduates.
- Patent activity: Resident patent filings per one million residents and per $1 million of R&D spent; patents granted as a percentage of the world total.
For more information visit Bloomberg’s reportTOP 5. Germany Germany ranked fifth in Bloomberg’s Global Innovation Index. R&D intensity: 9th Productivity: 20th High-tech density: 6th Researcher concentration: 17th Manufacturing capability: 3rd Tertiary efficiency: 25th Patent activity: 6th TOP 4. Japan Japan ranked fourth in Bloomberg’s Global Innovation Index. R&D intensity: 5th Productivity: 14th High-tech density: 8th Researcher concentration: 9th Manufacturing capability: 6th Tertiary efficiency: 30th Patent activity: 3rd TOP 3. United States The United States ranked third in Bloomberg’s Global Innovation Index R&D intensity: 10th Productivity: 10th High-tech density: 1st Researcher concentration: 12th Manufacturing capability: 24th Tertiary efficiency: 37th Patent activity: 5th TOP 2. Sweden Sweden ranked second in Bloomberg’s Global Innovation Index. R&D intensity: 4th Productivity: 7th High-tech density: 5th Researcher concentration: 8th Manufacturing capability: 22nd Tertiary efficiency: 13th Patent activity: 26th TOP 1. South Korea South Korea ranked first in Bloomberg’s Global Innovation Index. R&D intensity: 3rd Productivity: 33rd High-tech density: 3rd Researcher concentration: 6th Manufacturing capability: 2nd Tertiary efficiency: 3rd Patent activity: 2nd