Sweden ranks 2nd in 2011 Global Innovation index

2011-07-05 15:30

For the third consequtive year Sweden is ranked as one of the world's most innovative countries in the world according to the Global Innovation Index 2011, published by Insead in Paris.

This year the GII model includes 125 countries that represent 93.2% of the world’s population and 98.0% of the world’s GDP (in current US dollars).

The five Nordic economies—Sweden (2nd), Finland (5th), Denmark (6th), Iceland (11th), and Norway (18th)—have very strong performances globally as well as regionally

Data used in the Insead study comes from public and private sources such as OECD, the World Bank and World Economic Forum's annual Excecutive Opinion Survey. The study is an aggregate of seven indicators such as the quality of countries' information technology, institutions, research and education, infrastructure and business.

The top ten economies in the GII 2011 ranking are:
1.Switzerland
2.Sweden
3.Singapore
4.Honk Kong (SAR)
5.Finland
6.Denmark
7.United States
8.Canada
9.Netherlands
10.United Kindgom

Find our more about the report here.

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Monday Monday, May 21, 2012 21:34:24 GMT 02:00:00