The US Drops Out of the Top 10 In Innovation Ranking (bloomberg.com)
An anonymous reader quotes a report from Bloomberg: The U.S. dropped out of the top 10 in the 2018 Bloomberg Innovation Index for the first time in the six years the gauge has been compiled. South Korea and Sweden retained their No. 1 and No. 2 rankings. The index scores countries using seven criteria, including research and development spending and concentration of high-tech public companies. The U.S. fell to 11th place from ninth mainly because of an eight-spot slump in the post-secondary, or tertiary, education-efficiency category, which includes the share of new science and engineering graduates in the labor force. Value-added manufacturing also declined. Improvement in the productivity score couldn't make up for the lost ground.
South Korea remained the global-innovation gold medalist for the fifth consecutive year. China moved up two spots to 19th, buoyed by its high proportion of new science and engineering graduates in the labor force and increasing number of patents by innovators such as Huawei Technologies Co. Japan, one of three Asian nations in the top 10, rose one slot to No. 6. France moved up to ninth from 11th, joining five other European economies in the top tier. Israel rounded out this group and was the only country to beat South Korea in the R&D category. South Africa and Iran moved back into the top 50; the last time both were included was 2014. Turkey was one of the biggest gainers, jumping four spots to 33rd because of improvements in tertiary efficiency, productivity and two other categories. The biggest losers were New Zealand and Ukraine, which each dropped four places. The productivity measure influenced New Zealand's shift, while Ukraine was hurt by a lower tertiary-efficiency ranking.
South Korea remained the global-innovation gold medalist for the fifth consecutive year. China moved up two spots to 19th, buoyed by its high proportion of new science and engineering graduates in the labor force and increasing number of patents by innovators such as Huawei Technologies Co. Japan, one of three Asian nations in the top 10, rose one slot to No. 6. France moved up to ninth from 11th, joining five other European economies in the top tier. Israel rounded out this group and was the only country to beat South Korea in the R&D category. South Africa and Iran moved back into the top 50; the last time both were included was 2014. Turkey was one of the biggest gainers, jumping four spots to 33rd because of improvements in tertiary efficiency, productivity and two other categories. The biggest losers were New Zealand and Ukraine, which each dropped four places. The productivity measure influenced New Zealand's shift, while Ukraine was hurt by a lower tertiary-efficiency ranking.
Or perhaps it shows you live under a rock with little to no knowledge of the world around you.
Personally I'm surprised the US ranked so high when lately it seems the only things they're truly innovative with is dodging taxes, bribing politicians, and suing each other. :)
Sweden pioneered gender reassignment surgery and has allowed people to legally change their gender since 1972. It's also second on the list.
As for "microagressions", as an old fart I don't like that word. I prefer to call it "acting like a dick". One thing years of hiring people taught me is to not hire anyone if the interview gives even a whiff of dickishness.
If I could go back in time and tell my younger self one thing to avoid doing, it would be working with all those workplace trouble makers, trying to teach them how to be better team players. Firing would be more effective sensitivity training and a lot less trouble for me.
Post may contain irony: discontinue use if experiencing mood swings, nausea or elevated blood pressure.
A great deal of the US's innovation is made by foreign researchers working in the US. The US used to be open about grant money. The US used to fund education and research. The US used to give green cards to the world's best and bright. We used to bring in the best people to our great Universities, and keep them here by having great opportunities after graduation.
If we shift to a society driven by anti-intellectualism and xenophobia, we can expect the world to pass us by and our prestige and leadership to fade away. Acting like a bully is not going to make us great again. Having brilliant people come to our universities then go home immediately after graduate school is not going to bring innovation to our nation. We can expect to continue or descent if we keep electing based on ignorance, populism, and isolationism.
“Common sense is not so common.” — Voltaire
Patents stifle innovation. So does a police state. So does disinvestment in public education. So does economic depression and the collapse of the middle class.
The US had a huge advantage at the end of the second world war, because they were basically the only industrialised nation that hadn't been fighting on their own soil and had fairly limited engagement. The US lost 0.32% of its population in WWII. The UK lost 0.94%, France lost 1.44%, the USSR lost 13.7%. A lot of infrastructure in Europe was destroyed by bombing, whereas the US only lost overseas assets.
This then had a knock on effect that working in the US was very attractive to displaced researchers and engineers. Would you rather work in Poland, which had just been rolled over by the Nazi and Soviet armies who, between them, had killed around 17% of the total population and destroyed most of the infrastructure, or in the US? If you had useful skills, US universities and research labs would fly you out and relocate the surviving parts of your family. Remember that rationing didn't end in the UK until 1954 - there were shortages of a lot of staples right up until then, and if you can't even guarantee food then getting access to the latest scientific equipment is not very likely. If you were good, then the offer of tenure at a US university and comparatively unlimited funds without any problems getting equipment was very attractive.
For the next couple of decades, the US benefitted hugely from having recruited all of these people and concentrated them in places with far better support systems than anywhere else. This continued for a while, because going to the university that had the top 5 people in the world in a subject area was a big draw, but it gradually faded as the standard living elsewhere recovered and surpassed the US.
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