BizKnowledge Watch

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Sweden is the most innovative economy in the world according to the Innovation for Development Report 2009-2010, released by the European Business School. Finland is in second position, followed by the United States. Spain is ranked 28th. The report highlights the weak business creation rate in Spain, largely the result of the country’s excessive bureaucracy, as well as the country’s comparatively low levels of R&D investment.

Each country’s ranking is based on its performance in over 60 indicators including the institutional environment, the human capital endowment, the presence of social inclusion, the regulatory and legal frameworks, the infrastructure for research and development, and the adoption and use of information and communication technologies.

You can view the rankings online here.

This entry was posted on Monday, November 23rd, 2009 at 7:01 am and is filed under Rankings. You can subscribe via RSS 2.0 feed to this post's comments. You can comment below, or link to this permanent URL from your own site. Your comments will appear immediately, but I reserve the right to delete innapropriate comments.