• Wednesday, September 26, 2018

China joins 20 most innovative economies, US falls to No. 6

Discussion in 'World Affairs' started by master_13, Jul 11, 2018.

  1. master_13

    master_13 FULL MEMBER

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    NEW YORK (AP) — China joined the world's top 20 most innovative economies for the first time while the United States fell out of the five top-ranked countries, according to a report released Tuesday by one of its co-sponsors, the U.N. intellectual property agency.

    The Global Innovation Index 2018 keeps Switzerland in the No. 1 spot, followed by the Netherlands, Sweden, United Kingdom and Singapore. The United States fell from fourth place in 2017 to sixth this year, while China jumped from 22nd to 17th in the rankings.

    Francis Gurry, director general of the U.N. World Intellectual Property Organization, said China's ranking represents a breakthrough for its economy, which is rapidly transforming and prioritizing research and ingenuity.

    "China's rapid rise reflects a strategic direction set from the top leadership to developing world-class capacity in innovation and to moving the structural basis of the economy to more knowledge-intensive industries that rely on innovation to maintain competitive advantage," Gurry said. "It heralds the arrival of multipolar innovation."kilometres and will not be able to support trucks which are too heavy.

    The index is sponsored by the WIPO, Cornell University's SC Johnson College of Business and INSEAD, the graduate school of business with campuses in France, Singapore and Abu Dhabi. They say it gives global decision makers a better understanding of how to stimulate innovation, which "drives economic and human development."


    The report said "China's innovation prowess becomes evident in various areas," with some of its greatest improvements in global research and development companies, high technology imports, the quality of its publications, and enrollment in graduate education.

    "In absolute values, and in areas such as R&D expenditures and the number of researchers, patents and publications, China is now first or second in the world, with volumes that overshadow most high income economies," it said.

    The report said that China's rapid rise in the rankings over the last few years has been spectacular and that it shows the way for other middle-income economies, though only Malaysia, currently 35th in the rankings, continues to edge closer to the top 25.

    According to the index, 20 middle and lower-income economies that perform "significantly better" than their level of development would predict made this year's list of "innovation achievers," including three for the first time — South Africa, Tunisia and Colombia.

    Six of the achievers come from sub-Sahara Africa, the most for any region. In addition to South Africa, they are Kenya, Rwanda, Mozambique, Malawi and Madagascar.

    There were five achievers from eastern Europe — Moldova, Armenia, Ukraine, Montenegro and Serbia.

    The report singles out three countries that made a comeback to the achievers list this year — Mongolia, Thailand and Montenegro. In addition to Kenya, three other countries have been on the achievers list for eight years — Moldova, Vietnam and India.

    At the bottom of the innovation rankings are Bolivia, Nigeria, Guinea, Zambia, Benin, Niger, Ivory Coast, Burkina Faso, Togo and Yemen.

    The list of 126 nations includes three countries that climbed 10 places in the rankings: Iran from 75th to 65th, Albania from 93rd to 83rd, and Egypt from 105th to 95th. Macedonia, meanwhile, fell more than 10 spots, from 61st to 84th.
     
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  2. inder

    inder BANNED

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    what is this innovative ?
     
  3. Hamartia Antidote

    Hamartia Antidote ELITE MEMBER

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    Latest posted here:

    https://en.m.wikipedia.org/wiki/Global_Innovation_Index

    Rank Country Income

    1 Switzerland High
    2 Netherlands High
    3 Sweden High
    4 United Kingdom High
    5 Singapore High
    6 United States High
    7 Finland High
    8 Denmark High
    9 Germany High
    10 Ireland High
    11 Israel High
    12 South Korea High
    13 Japan High
    14 Hong Kong, China High
    15 Luxembourg High
    16 France High
    17 China Upper Middle
    18 Canada High
    19 Norway High
    20 Australia High
    21 Austria High
    22 New Zealand High
    23 Iceland High
    24 Estonia High
    25 Belgium High
    26 Malta High
    27 Czech Republic High
    28 Spain High
    29 Cyprus High
    30 Slovenia High
    31 Italy High
    32 Portugal High
    33 Hungary High
    34 Latvia High
    35 Malaysia Upper Middle
    36 Slovakia High
    37 Bulgaria Upper Middle
    38 UAE High
    39 Poland High
    40 Lithuania High
    41 Croatia Upper Middle
    42 Greece High
    43 Ukraine Lower Middle
    44 Thailand Upper Middle
    45 Vietnam Lower Middle
    46 Russia Upper Middle
    47 Chile High
    48 Moldova Lower Middle
    49 Romania Upper Middle
    50 Turkey Upper Middle
     
    Last edited: Jul 12, 2018
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  4. TruthTheOnlyDefense

    TruthTheOnlyDefense FULL MEMBER

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    That list just proves Chinese just talk shit.
     
  5. master_13

    master_13 FULL MEMBER

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    the list proves china is in top 20, how did you come to conclusion china talks shit?
     
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  6. haidian

    haidian SENIOR MEMBER

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    He believes that China should be on top 3 due to the neck breaking speed of advancement in science and technology in China.
     
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  7. inder

    inder BANNED

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    Yes it looks so

    Chinese are great
     
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  8. Akasa

    Akasa SENIOR MEMBER

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    How is it possible that the Chinese have surpassed Canada in terms of innovation given the disparity in the business & entrepreneurial environments and freedoms of the two societies?
     
  9. haidian

    haidian SENIOR MEMBER

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    Good policy and unrivaled huge investment. That enables China to fast advance all across the board in science and technology, from the fastest computers, highest space to the deepest bottom of the sea.
    China now is in the front of almost all industries, manufacturing, engineering,trade, internet, weaponry... Dont's see much Canadian achievement so there is no much comparison can be made.
     
    Last edited: Jul 12, 2018
  10. peacefan

    peacefan SENIOR MEMBER

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    2nd spot for my country, not bad :)

    congratulations to China on their advancement on this list.
     
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  11. inder

    inder BANNED

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    congrats newziland
     
  12. peacefan

    peacefan SENIOR MEMBER

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    @Akasa
    >War. War never changes.

    war is slightly different each time, i think.

    why do you say it never changes?
     
  13. Akasa

    Akasa SENIOR MEMBER

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    Firstly, it isn't my quote but rather that of a popular video game Fallout, although some attribute it to General Ulysses S. Grant.
    Secondly, the fundamental forces that drive and sustain conflicts are ultimately one and the same when stripped to their core (granted I'm not an expert in philosophy).
     
  14. peacefan

    peacefan SENIOR MEMBER

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    ok thanks.

    i do agree almost all wars have elements at their core that can be repeated in perhaps slightly different ways, in future wars.
     
  15. ThanatosI

    ThanatosI FULL MEMBER

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    Where is the super power India??? Telling us day and night how big a economy they are?

    They are self proclaimed super power since 2012 for those of you who dont know.