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World's Top 10 Most Innovative Countries 2020

World's Top 10 Most Innovative Countries 2020
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GERMANY took first place in the 2020 Bloomberg Innovation Index, breaking South Korea’s six-year winning streak, while the US 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, analyses 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, a key theme at the annual World Economic Forum in Davos, Switzerland taking place Jan 21-24.

 Keterangan Gambar (© Pemilik Gambar)

In the Bloomberg Index, Germany scored three top-five rankings in value-added manufacturing, high-tech density, and patent activity. South Korea lost its crown in part due to a relative slump in productivity, falling to No 29 from last year’s No 18 ranking in that category.

Singapore’s rise to third place overall, from sixth last year, was aided by productivity and value-added manufacturing gains, while it retains a best-in-world ranking for tertiary-education efficiency.

Less rosy

The news is less rosy for the top advanced economies. The US, which was No. 1 when the Bloomberg index debuted in 2013, fell one spot to No 9 since last year’s ranking. Japan dropped to No 12, down three spots for the same-sized decline in last year’s index.

The world’s second-biggest economy, China, edged higher by one spot to No 15. It held onto a second-place ranking on patent activity, and broke into the top five for tertiary efficiency.

Big winners among 2020’s ranked economies were led by Slovenia, which gained 10 spots to No 21 on the back of a 34-tier improvement in patent activity. Chile climbed seven spots to No 51, not losing ground in any category and making particular strides in tertiary efficiency.

Alternatively, the biggest loser in this year’s index was New Zealand, falling five spots to No 29 amid a slide in value-added manufacturing performance.

Four economies entered the Innovation Index for the first time: Algeria – which made an especially strong debut at No 49 – as well as Egypt, Kazakhstan and Macao.

The 2020 ranking process began with more than 200 economies. Each was scored on a 0-100 scale based on seven equally weighted categories. Nations that didn’t report data for at least six categories were eliminated, trimming the total list to 105. -- BLOOMBERG

Akhyari Hananto

I began my career in the banking industry in 1997, and stayed approx 6 years in it. This industry boost his knowledge about the economic condition in Indonesia, both macro and micro, and how to More understand it. My banking career continued in Yogyakarta when I joined in a program funded by the Asian Development Bank (ADB),as the coordinator for a program aimed to help improve the quality of learning and teaching process in private universities in Yogyakarta. When the earthquake stroke Yogyakarta, I chose to join an international NGO working in the area of ?disaster response and management, which allows me to help rebuild the city, as well as other disaster-stricken area in Indonesia. I went on to become the coordinator for emergency response in the Asia Pacific region. Then I was assigned for 1 year in Cambodia, as a country coordinator mostly to deliver developmental programs (water and sanitation, education, livelihood). In 2009, he continued his career as a protocol and HR officer at the U.S. Consulate General in Surabaya, and two years later I joined the Political and Economic Section until now, where i have to deal with extensive range of people and government officials, as well as private and government institution troughout eastern Indonesia. I am the founder and Editor-in-Chief in Good News From Indonesia (GNFI), a growing and influential social media movement, and was selected as one of The Most Influential Netizen 2011 by The Marketeers magazine. I also wrote a book on "Fundamentals of Disaster Management in 2007"?, "Good News From Indonesia : Beragam Prestasi Anak Bangsa di dunia"? which was luanched in August 2013, and "Indonesia Bersyukur"? which is launched in Sept 2013. In 2014, 3 books were released in which i was one of the writer; "Indonesia Pelangi Dunia"?, "Indonesia The Untold Stories"? and "Growing! Meretas Jalan Kejayaan" I give lectures to students in lectures nationwide, sharing on full range of issues, from economy, to diplomacy Less
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