Forbes India 15th Anniversary Special

World's most innovative countries

South Korea tops list while US makes a comeback into the top 10

Harichandan Arakali
Published: Jan 28, 2019 12:30:50 PM IST
Updated: Jan 28, 2019 06:03:51 PM IST

World's most innovative countriesImage: Shutterstock

World's most innovative countries

Bloomberg recently published the seventh edition of its annual Innovation Index that saw South Korea retain the top spot, with Israel surging several places to number five. The index—comprising 60 countries, including India—is built on the basis of their capabilities in areas such as research and development spending, patent activity, manufacturing capability and concentration of high-tech public companies.

Germany came a close second to Korea whereas Israel overtook economies, including Japan, Singapore and Sweden. The US, which didn’t figure in the top 10 last year, returned this time, ranked eighth.

(This story appears in the 15 February, 2019 issue of Forbes India. To visit our Archives, click here.)

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