Posted by: bluesyemre | February 6, 2018

South Korea and Sweden are the most innovative countries in the world based on The 2018 Bloomberg Innovation Index

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South Korea and Sweden are the most innovative countries in the world, according to a league table covering everything from the concentration of tech companies to the number of science and engineering graduates. The index on innovative countries highlights South Korea’s position as the economy whose companies filed the most patents in 2017. Bloomberg, which compiles the index based on data from sources including the World Bank, IMF and OECD, credits South Korea’s top ranking to Samsung.

The electronics giant is South Korea’s most valuable company and has received more US patents than any company other than IBM since the start of the millennium. This innovation trickles down the supply chain and throughout South Korea’s economy.

Sweden in second place is fast gaining a reputation as Europe’s tech start-up capital. The Scandinavian country is home to Europe’s largest tech companies and its capital is second only to Silicon Valley when it comes to the number of “unicorns” – billion-dollar tech companies – that it produces per capita.

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https://www.weforum.org/agenda/2018/02/south-korea-and-sweden-are-the-most-innovative-countries-in-the-world

https://www.bloomberg.com/news/articles/2018-01-22/south-korea-tops-global-innovation-ranking-again-as-u-s-falls


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