“There’s something about those Nordic countries,” Bloomberg wrote when presenting its innovation index in 2017. The same seems holds true this year. In the 2018 Bloomberg Innovation Index the Nordic nations are featured in the top 15 countries.

The index ranks countries based on seven equally-weighted metrics using data collected from economic institutions like the World Bank and the IMF: R&D intensity, manufacturing value-added, productivity, high-tech density, efficiency of tertiary education, researcher concentration, and patent activity.
   

Here are the top 15 most innovative nations in the world:

1. South Korea
2. Sweden
3. Singapore
4. Germany
5. Switzerland
6. Japan
7. Finland
8. Denmark
9. France
10. Israel
11. USA
12. Austria
13. Ireland
14. Belgium
15. Norway

Source: nordic.businessinsider.com

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