Wednesday, September 11, 2019

Is Korea theh world's most innovative economy?

For the second year in a row, a Bloomberg survey has ranked South Korea as the most innovative economy in the world, as shown in the accompanying graphic. (click to see a full size version)  As always, the rankings depend on what is being measured.  Korea's world leading percentage of GDP spent on research and development (4.3 percent, which put it just ahead of Israel on this measure)was one factor that helped give it the overall first ranking.

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