Global Innovation Quotient

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Bloomberg publishes a Global Innovation Quotient every year, which examines more than 200 countries and sovereign regions to determine their innovation quotient. Innovation was measured by seven factors, including R&D intensity, productivity, high-tech density, researcher concentration, manufacturing capability, education levels and patent activity. Bloomberg used World Bank, World Intellectual Property Organization, Conference Board, OECD and UNESCO data to derive their quotient.^[1]

Factors and weightings

R&D intensity (20%): R&D as percentage of GDP.
Productivity (20%): GDP per employed individual, per work hour .
High-tech density (20%): High-tech public companies as percentage of publicly listed companies.
Researcher concentration (20%): R&D researchers per million people.
Manufacturing capability (10%): Manufacturing value-added as percentage of GDP; products with high R&D intensity as a percentage of manufactured exports.
Tertiary efficiency (5%): Enrollment ratio for post-secondary students; tertiary graduation ratio of students majoring in sci-tech subjects ; new graduates and tertiary-degree holders as percentages of workforce.
Patent activity (5%): Resident patent filings per million population and per $ million R&D expenditures.

2014 Bloomberg Rankings

Rank	Country/Territory
1	South Korea
2	Sweden
3	United States
4	Japan
5	Germany
6	Denmark
7	Singapore
8	Switzerland
9	Finland
10	Taiwan
11	Canada
12	France
13	Australia
14	Norway
15	Netherlands
16	United Kingdom
17	Austria
18	Russia
19	Belgium
20	New Zealand
21	Luxembourg
22	Italy
23	Czech Republic
24	Poland
25	China
26	Hungary
27	Hong Kong
28	Ireland
29	Portugal
30	Israel

References

↑ http://www.bloomberg.com/slideshow/2014-01-22/30-most-innovative-countries.html#slide32

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Health	Antiviral medications for pandemic influenza Birth rate Mortality rate Fertility rate HIV/AIDS adult prevalence rate Infant mortality rate Life expectancy Obesity Percentage suffering from undernourishment Suicide rate OECD Total health expenditure (PPP) per capita

Education and innovation	Education Index Global Innovation Index Global Innovation Quotient Literacy rate Patents Programme for International Student Assessment Progress in International Reading Literacy Study Trends in International Mathematics and Science Study

Economic	Development aid given Foreign aid received Distribution of wealth Employment rate Human Development Index by country inequality-adjusted future projections Human Poverty Index Income equality Labour force Number of millionaires Number of US dollar billionaires Per capita personal income Percentage living in poverty Sen social welfare function Unemployment rate

Skills	EF English Proficiency Index

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