Germany Breaks Korea’s Six-Year Streak as Most Innovative Nation

Germany took first place in the 2020 Bloomberg Innovation Index, breaking South Korea’s six-year winning streak, while the U.S. fell one notch to No. 9.

Singapore’s leap into the third-place ranking returns it to its post from two years ago.

The annual Bloomberg Innovation Index, in its eighth year, analyzes dozens of criteria using seven metrics, including research and development spending, manufacturing capability and concentration of high-tech public companies.

The ranking shed light on the ability of economies to innovate, was a key theme at the annual World Economic Forum in Davos, Switzerland last week.

If you want to read the entire article, click here: Germany Breaks Korea’s Six-Year Streak as Most Innovative Nation

Source: Bloomberg