banking
service chronicle 22nd January 2019 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
US moved up to eighth place, a year after cracks in education scores pushed it
out of the top 10 for the first time. The United Arab Emirates made the highest
debut in 46th place. Brazil rejoined the index in the 45th spot after not being
ranked last year. banking service chronicle monthly magazine Also among the new entrants
are some of the world's largest emerging economies. India.Mexico, Vietnam and
Saudi Arabia. While India is placed at 54th place. South Africa remains the
only Sub-Saharan nation to be ranked, The annual Bloomberg Innovation Index, in
its seventh year analyzes dozens of criteria using seven metrics, including
research and development spending. manufacturing capability and concentration
of high-tech public companies banking service chronicle monthly magazine subscription
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