Friday, January 30, 2015
According to Bloomberg’s 2015 ranking of the world's 50 most innovative countries, Greece is in the 29th place, among more than 200 countries evaluated.
Bloomberg ranked countries based on their overall ability to innovate. It identified the top 50 in terms of: (i) R&D expenditure as a percentage of GDP; (ii) manufacturing value-added per capita; (iii) high-tech companies domestically domiciled; (iv) education levels of a country’s workforce; (v) personnel engaged in R&D, and (vi) the number of patents granted.
Postsecondary education in particular is measured in four different ways. Greece ranks first in one post-secondary education sub-category, which measures the percentage of college-age population. However, as the index stresses, excellence is multi-factored and success is a combination of many prerequisites. South Korea tops this year's overall ranking, while the U.S. places 6th, and China 22nd.
