In this article, we will look at the 7 Most Innovative Countries in the World. If you want to check out our complete analysis of the Most Innovative Countries, visit 21 Most Innovative Countries in the World.
7- France
Insider Monkey Score – 0.49
France has recently ramped up its capacity to innovate. In 2021, its startups raised 12.4 billion dollars in investments. Two out of the 100 largest technology companies belong to France. One of the defining factors of French innovation in the upcoming era is the collaboration between its researchers and the industry.
6 – Canada
Insider Monkey Score – 0.53
Canada is among the top 10 countries ranked according to the money spent on Innovation. It is home to two of the 100 largest technology companies, which includes Shopify. Canada is also home to numerous tech startups such as Hootsuite.
5 – Japan
Insider Monkey Score – 0.69
Japan is the 5th most innovative country. It is among the top 5 countries that spend on research and development. In the past Japanese inventions such as bullet trains changed the way we live. The Japanese currently are ladders in Robotics, with companies like FANUC paving the future.
4 – Germany
Insider Monkey Score – 0.70
Past German inventions such as the electron microscope transformed our world. Germany is currently implementing its new High-Tech 2025 Strategy according to which it plans to step up its research and development investment from 3% of GDP to 3.5%. Some of the emerging technology trends in Germany revolve around Blockchain, the internet of things, and Augmented reality.
3 – China
Insider Monkey Score – 0.92
China has established itself as a tech and innovation hub. 9 out of the 100 biggest tech companies belong to China. It is also among the top 3 countries according to the money spent on research and development. From high-speed rail to digital payment methods, China is quickly becoming one of the most technologically advanced countries in the world.
2 – United Kingdom
Insider Monkey Score – 1.02
The United Kingdom comes at number 2 on the list of countries that spend the most on research and development. It is also only second to the United States in Schimago Jprnal rank when sorted according to the H Index. One of the reasons for this is the UK’s International Technology Strategy, which aims to put it at the forefront of innovation.
1 – United States
Insider Monkey Score – 3.00
The United States is the most innovative country in the world. It is home to 61 largest tech companies in the world and spends more than all other countries on research and development. United States’s San Fransisco is the innovation capital of the world, which is the home of high-growth tech companies.
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