Economics

These Are the World’s Most Innovative Countries

China beats U.K. in Bloomberg index; U.S. back in the top 10
Israel rises to fifth and overtakes Sweden, Singapore, Japan

These are the world’s most innovative economies, according to the 2019 Bloomberg Innovation Index. (Source: Bloomberg)

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By Michelle Jamrisko, Lee J Miller, and Wei Lu

January 22, 2019 at 5:02 AM UTC

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South Korea retained the global crown in the 2019 Bloomberg Innovation Index, though improvements by Germany in research and education brought Europe’s largest economy to near-parity in the annual ranking.

The U.S. moved up to eighth place, a year after cracks in education scores pushed it out of the top 10 for the first time.