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The U.S. Drops Out of the Top 10 in Innovation Ranking

  • U.S. out of top 10 for first time in the gauge’s six years
  • South Korea, Sweden repeat as 2018 leaders, Singapore is 3rd
General Views Of The Business District Ahead Of South Korea GDP Numbers

Photographer: SeongJoon Cho/Bloomberg

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Score another one for Seoul while Silicon Valley slides.

The U.S. dropped out of the top 10 in the 2018 Bloomberg Innovation Index for the first time in the six years the gauge has been compiled. South Korea and Sweden retained their No. 1 and No. 2 rankings.