US 'no longer technology king'
The US has lost its position as the world's primary engine of technology innovation, according to a report by the World Economic Forum. The US is now ranked seventh in the body's league table measuring the impact of technology on the development of nations. A deterioration of the political and regulatory environment in the US prompted the fall, the report said. The top spot went for the first time to Denmark, followed by Sweden.
Innovation
Countries were judged on the integration of technology in business, the infrastructure available, government policy favourable for fostering a culture of innovation and progress and leadership in promoting the usage of the latest information technology tools. The Networked Readiness Index, the sixth of its kind published by the World Economic Forum with Insead, the Paris-based business school, scrutinised progress in 122 economies worldwide.
Despite losing its top position, the US still maintained a strong focus on innovation, driven by one of the world's best tertiary education systems and its high degree of co-operation with industry, the report said. The country's efficient market environment, conducive to the availability of venture capital, and the sophistication of financial markets, was also given recognition.
Nordic crown
Denmark is now regarded as the world leader in technological advancement, with its Nordic neighbours Sweden, Finland and Norway claiming second, fourth and 10th place respectively. "Denmark, in particular, has benefited from the very effective government e-leadership, reflected in early liberalisation of the telecommunications sector, a first-rate regulatory environment and large availability of e-government services," said Irene Mia, senior economist at World Economic Forum.
European countries to make the top 20 included Switzerland in fifth place, the Netherlands, one of the most improved in sixth, the UK (nine), Germany (16), Austria (17) and Estonia (20). While countries from Asia and the Pacific continued to progress, the powerhouse economies of China and India both showed a downward trend. India was four positions down on last year to 44th, suffering from weak infrastructure and a very low level of individual usage of personal computers and the internet.
China was knocked to 59th place, nine positions down, with information technology uptake in Chinese firms lagging.
NETWORKED READINESS INDEX RANKINGS 2006 (2005)
1: Denmark (3)
2: Sweden (8)
3: Singapore (2)
4: Finland (5)
5: Switzerland (9)
6: Netherlands (12)
7: US (1)
8: Iceland (4)
9: UK (10)
10: Norway (13)
Source: WEF
:source: Source: http://news.bbc.co.uk/1/hi/business/6502725.stm
Re: US 'no longer technology king'
Quote:
US 'no longer technology king'
Were we ever? I thought the Japs had that title on lock-down. :unsure:
EDIT: wtf...Japs aren't even on that list. :blink:
Re: US 'no longer technology king'
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Originally Posted by
Skizo
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US 'no longer technology king'
Were we ever?
yes, 2005 apparently.:mellow:
Re: US 'no longer technology king'
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Originally Posted by
rossco
Quote:
Originally Posted by
Skizo
Were we ever?
yes, 2005 apparently.:mellow:
I was being jocular.
The thread title leads one to believe this article is about the leaders in technology development, when in fact it's about which countries have the greatest, "impact of technology on the development of nations".
China is 59th, ffs. :wacko:
Re: US 'no longer technology king'
Look at the picture it has a Chinese/Japanese looking guy in it.
I always thought Japan was the leader because they get most of our "new" technology first and then we get it. China just makes the electronics they don't really use them like the Japanese or Americans from what I've heard about them and America is just a huge consumer of electronics but we do not produce it.
Re: US 'no longer technology king'
What kind of innovation technology mention here? Because i thought Japanese is the country with more advance technology....
Re: US 'no longer technology king'
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Originally Posted by
kirktrix
What kind of innovation technology mention here? Because i thought Japanese is the country with more advance technology....
Read my post. :ermm:
Re: US 'no longer technology king'
I think a more relevant study (imo) would include be the availability of technology to the average citizen, not just the affect on the country's development.
In this case, Japan would definitely come out in the top few spots...
Re: US 'no longer technology king'
Now i understand....That's why the majority of the countries listed here are also the richest countries in the world.
Re: US 'no longer technology king'
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Originally Posted by
popopot
Despite losing its top position, the US still maintained a strong focus on innovation, driven by one of the world's best tertiary education systems and its high degree of co-operation with industry
:rolleyes:
I believe that they are still the leaders...