A recent report identified the top 10 innovative countries today. Innovative is defined in this report as those “who contribute to the general advancement of mankind’s well being.”
The U.S. was not number 1; nor number 2. I’m not surprised, but the list is quite interesting. Here it is:
1. Denmark. High levels of innovation with the seventh-best R&D levels. (Best yet, Denmark has the second lowest level of inequality in economic development.)
2. Sweden. This country ranks sixth for royalty receipts and spends more than all but one nation on R&D, at 3.1 percent of GDP. (Equality’s big, too: Sweden ranks fourth here.)
3. United States of America. It’s not just an American Dream: spending on R&D is about 2.2 percent of GDP, and income from royalty receipts (we’re talking about intellectual property here) is tops, totaling almost $92 billion. One downside: there’s a bit of backlash in perception, thanks to recent “over-regulation” by “all levels of government.”
4. Finland. This nation ranks among the top 10 in R&D expenditure levels in proportion to GDP, and ranks 11th for ICT goods, which comprise 16.5 percent of total goods exports. Plus, Finland claims low startup costs and a great perception by the public that the country is open for business.
5. Britain. The United Kingdom claims the third highest royalty receipts in the world, at $13.9 billion per year, and places in the top 20 for both its R&D expenditure and ICT exports. The U.K. has the seventh lowest startup costs in the world, and is among the top 20 for equality.
6. Norway. This country topped Legatum’s Prosperity Index. It has reasonably low startup costs, the 18th lowest, and has royalty receipts that total $642 million. It’s R&D expenditure is 1.7 percent, comparatively high. Above all, perception is key: 93 percent of Norwegians believe hard work will pay off later.
7. Ireland. The Emerald Isle is among the top 20 nations in terms of royalty receipts, R&D expenditure and ICT exports. Plus, startup costs for a business are the third lowest in the world.
8. Singapore. Entrepreneurship is high here, with royalty receipts totaling close to $840 million — that’s 15th in the world. Positive perception is through the roof, and extremely low business startup costs — less than 1 percent of GNI per capita — make perception a reality.
9. Iceland. Iceland invests 2.8 percent of its GDP in R&D, the fifth highest in the world. Plus, equality and public perception are high, creating a welcoming environment for startups.
10. Canada. Canada’s high rate of R&D spending and its significant royalty receipts indicate a favorable environment for entrepreneurial activity, as does the nation’s lean toward equality. Plus, business startup costs are just 0.4 percent of GNI per capita — the fourth lowest in the world.
Late news but not too late to make it!
Alamo Inventors Presents
Twelve Events That Will Change Everything
Dr. William C. Davis
5:30 – 6:30PM Networking
6:30 – 8:00 PM Presentation
After Meeting Networking @ Black-Eyed Pea
San Antonio Technology Center
3463 Magic Drive, San Antonio, TX 78229
Dr William C. Davis, inventor, professor emeritus and former chair of the department of natural sciences at St. Philips College has lived a remarkable life by following his instincts. Meeting and gaining insight, wisdom and inspiration from historical luminaries including George Washington Carver, Henry Ford, Thomas Edison, Ernest Hemmingway, Martin Luther King, Jr. and Wernher von Braun, Dr. Davis decided to choose a career path leading to being of service to people in order to make life more livable. Some of Dr. Davis’ important discoveries include adding arabinogalactans (a crystalline powder) to potatoes to render a more appealing consistency for instant mashed potatoes, a wood sugar leading to an industrial glue used in compressed wood, developing a process for the efficient standardization of blood testing for insulin and growth hormones which resulted in better diagnoses and identification of a sugar to provides texture for frozen desserts.
Dr Davis has been concerned about the feeding of the world’s population , growing shortages of energy and reliance on fossil fuels. He will present want he considers to be twelve events that will change the way we live and work as well as tips for inventing success.
Alamo Inventors is part of a qualified a 501c3 non-profit, Tech Connexus Association.
visit their website
If I say Thomas Edison, what comes to mind?
The light bulb.
You’d be right, and wrong. The light bulb was a product of a team: the dream by Edison, drawn by Batchelor, mathematically proved by Upton, built by Kruesi and Boehm, and tested by Lawson, Force, and Jehl. The reality is that as a genius, Edison built teams of great minds, with a passion for learning, and a commitment for excellence. He’d put together one great team, divide them into small teams with a goal and let them work independent. He is quoted as saying:
I generally instructed them on the general idea of what I wanted carried out, and when I came across an assistant who was particularly ingenious, I would sometimes refues to help him out in his experiments, telling him to see if he could not work it out himself, as as to encourage him.
Edison, the genius of all geniuses, accepted that he alone did not possess all the answers, but together, his team usually did.
I’m reading a book, The Orange Revolution: How One Great Team Can Transform an Entire Organization, and if you are in need of developing a work team, an exemplar team, or as the authors of the book call them “Breakthrough Teams”, you might like to read this book.
Unless you try to do something beyond what you have already mastered you will never grow.
My first marathon time was 3:54, under 4 hours was my goal.
The last one I ran was 3:28, a qualifier for the marathon of all marathons, Boston.
And since those days of marathoning, I’ve learned that I can be better at what I do today, if only I work with focus and determination.
So no resolutions for 2010, only continued focus and determination to improve myself.