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Russia ranks 14th in Bloomberg's Global Innovation Index

Arzamas 16

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The Bloomberg agency has made a list of the most innovative countries. At first, a group of experts examined 200 countries and the autonomous regions, and then their number was reduced to 96. Finally, the list comprised the top 50 innovative countries. According to the results of the research, the USA tops the list and Russia ranks in 14th place. It is the only post-Soviet country and member of BRICS that made it in the top 25.

The innovation level of each country is measured according to seven factors: Research and experimental development (R&D) intensity, R&D as a percentage of GDP, high tech density, researcher concentration, manufacturing capability, tertiary efficiency and patent activity.

Russia is good with the third factor, high tech density, and is number two in the list as far as this criterion is concerned. The Russian Federation also occupies the second place in tertiary efficiency and is number eight in patent activity.

Russia came up short in the areas of manufacturing capability, in 38th place and in research and experimental development intensity, having ranked 41st place.

Here's the list of the top 50 most innovative countries:

1. USA

2. South Korea

3. Germany

4. Finland

5. Sweden

6. Japan

7. Singapore

8. Austria

9. Denmark

10. France

11. Netherlands

12. Ireland

13. Norway

14. Russia

15. Belgium

16. Luxembourg

17. Canada

18. The United Kingdom

19. Slovenia

20. Iceland

21. Switzerland

22. Australia

23. The Czech Republic

24. Italy

25. Portugal

26. Hungary

27. Spain

28. New Zealand

29. China

30. Poland

31. Estonia

32. Israel

33. Lithuania

34. Slovakia

35. Croatia

36. Hong-Kong

37. Turkey

38. Malaysia

39. Malta

40. Tunisia

41. Greece

42. Ukraine

43. Bulgaria

44. Latvia

45. Argentina

46. Romania

47. Iran

48. Macedonia

49. Belarus

50. South Africa


‘Almost outrunning everyone’: Russia ranks 14th in Bloomberg's Global Innovation Index: Voice of Russia
 
Soviet Era was of Sci-Tech development. Let see what role would Eurasian Union play in the betterment of Post-Soviet states.
 
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