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Sustainable_Competitiveness_Index_2013

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<strong>Competitiveness</strong> World Map<br />

<strong>Sustainable</strong> Innovation<br />

Asian countries top innovation rankings<br />

The indicators used for assessing innovation capability and sustainability competitiveness are<br />

composed of data points relating to education, innovation capabilities, business environment,<br />

economic development, and infrastructure. Countries with a high score in this ranking are more<br />

likely than others to develop successful economies through research and know-ledge driven<br />

industries, i.e. the high-value added industries, and therefore achieve higher growth rates. All<br />

indicators used to assess the innovation capability and sustainable competitiveness have been<br />

scored against size of the population or against GDP in order to gain a full picture of the<br />

competitiveness, independent of the size of a country.<br />

The innovation and competitiveness ranking is dominated by Asian nations and OECD countries<br />

from the Northern hemisphere. The innovation and competitiveness ranking is topped by Asian<br />

countries (Singapore, South Korea, Japan, China), with all other top-ten places (Germany,<br />

Denmark, Norway, Switzerland, Finland, Sweden, in order of ranking) and top twenty spots going<br />

to European countries expect for Israel (12) and Canada (19). The USA is ranked 22th, the UK 31st,<br />

followed by Brazil (35th) as the highest ranked country of the Southern hemisphere. The only other<br />

nations from outside Europe or North-East Asia in the top 50 are New Zealand, Australia, Russia,<br />

Costa Rica, Oman, Uzbekistan, Thailand and Bahrain. Other than Oman, Uzbekistan and<br />

Thailand, there is no representation from Africa, Central Asia or South-East Asia within the leading<br />

50 nations in terms of innovation capability and sustainable competitiveness.<br />

The <strong>Sustainable</strong> Innovation World map: dark colour indicates high, light colour limited sustainable innovation & competitiveness<br />

Page 28<br />

The <strong>Sustainable</strong> <strong>Competitiveness</strong> <strong>Index</strong> <strong>2013</strong><br />

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