Bloomberg Rankings recently examined more than 200 countries and sovereign regions to determine their innovation quotient. The final universe was narrowed down to 96. What follows is the top 50.
Innovation was measured by seven factors, including R&D intensity, productivity, high-tech density, researcher concentration, manufacturing capability, education levels and patent activity.
The United States tops the list, followed by South Korea and Germany. The top ten includes also Finland, Sweden, Japan, Singapore, Austria, Denmark and France. Macedonia, Belarus and South Africa close the list of top ten innovative countries of the world.