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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.

26 of 364 comments (clear)

  1. Finally! by Ol+Olsoc · · Score: 4, Insightful

    The Plan is working. This is what winning looks like. Coupled with the 30 percent tarriff on solar, we're going to innovate ourselves down to the bottom.

    --
    The shepherds did so well protecting the flock that the sheep no longer believed that wolves existed.
    1. Re: Finally! by PopeRatzo · · Score: 4, Funny

      Name something Korea has innovated.

      Motherfucker, are you kidding?

      https://youtu.be/9bZkp7q19f0

      --
      You are welcome on my lawn.
  2. Re:Unless Starcraft strategy is innovative... by Anonymous Coward · · Score: 5, Insightful

    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. :)

  3. Re:Removing companies by hey! · · Score: 3, Insightful

    That would obviously favor larger countries.

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  4. I'm not surprised by rsilvergun · · Score: 3, Insightful

    we keep cutting funding to education and research. Companies don't innovate. There's not enough money on the table to make it worth while. Aside from the occasional bored aristocrat it's mostly been the government that financed innovation; usually through the public university system. But nobody wants to pay the taxes for that. Heck, we just borrowed $1.5 trillion over 10 years to finance massive tax cuts (although the cuts for the middle class expire in 10 years, we're not crazy or anything).

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  5. Yep, partly because of U.S. immigration policy... by wisebabo · · Score: 5, Interesting

    ... we're staffing almost all of our BioTech staff in Vietnam. We have several championship winners of regional (ASEAN) computing competitions as well as the very top students in A.I. and computational theory (essential for crunching the gigantic datasets that the genomic revolution is bringing).

    It is very difficult to get even these supremely qualified candidates work permits (unless we're willing to game the system like some Indian outsourcing companies) and even then it's literally a lottery. So their minds, the technology they create and benefits (and investment) that follows will stay overseas.

    Maybe we'll go to Canada.

    The fact that our president is an openly racist ignorant fraud doesn't help (in the first meeting with the Prime Minister with Vietnam, Trump went around to all present making fun for a few minutes of his name "Phuc". Imagine that, the "leader" of the free world acting like a third grade Beavus and Butt-Head. I understand that this has happened with other leaders who've had the misfortune of being introduced to Trump).

  6. Re:Yep, partly because of U.S. immigration policy. by Anonymous Coward · · Score: 3, Interesting

    I agree with you 100 percent. Many, if not most of the countries in the developing world have long had stances hostile to immigration similar to Trump's. A large part of what made America great was that we were open to immigration for 400 years, and each successive wave contributed qualities that we didn't really have before.

    Most of these waves of immigrants were opposed by some of the old timers who felt insecure in their careers and positions on the social ladder. It's no different today, although the anti-immigration folks try to present it as being different. Human nature doesn't change very much from one generation to the next.

  7. Re:Unless Starcraft strategy is innovative... by Anonymous Coward · · Score: 4, Interesting

    What went wrong is that we legalized bribery in the '70s by equating speech with money and declaring bribes to be free speech. We then went about throwing out the antitrust regulations so that companies could stifle innovation from rivals and expanded IP rights to the point where it's difficult to do anything that doesn't infringe on somebody's property.

    And if that weren't enough, we pretty much destroyed labor so that the small parties that were previously the source of most innovation mostly didn't have the money or job security to do anything interesting.

    There's still innovation going on, but it's not anywhere near what it used to be or should be. And it's probably not going to get any better as long as we've got two right wing pro-corporate parties.

  8. Re:This is what happens by hey! · · Score: 5, Insightful

    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.

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  9. USA grads in STEM have little hope of working by spike_gran · · Score: 3, Insightful

    It may well be true that we are graduating fewer people in STEM, but, we are also right-sizing the number of people that go into STEM. If we doubled the number of engineering grads, that would just mean we would have a glut of unemployed engineers that will spend most of their lives paying off their expensive educations working at jobs that will never let them use their technical thinking skills.

    So let's not pretend that if someone graduates a EE in the USA that he or she will actually ever get paid to design a circuit.

    1. Re: USA grads in STEM have little hope of working by Reverend+Green · · Score: 3, Interesting

      An old friend back in the Rustbelt works at an insurance company telephone call center that's choc full of PhDs. Because that's the best job they can find.

  10. Re:Unless Starcraft strategy is innovative... by OrangeTide · · Score: 5, Informative

    The best the US can do is 80s/90s era ICs. Modern ICs drive the high bandwidth of the modern Internet. Welcome.

    Approximately 75% of Intel's semiconductor fabrication is performed in the USA.. That includes 14nm and 10nm foundries, with a 7nm foundry planned to open in the US as well.

    GlobalFoundries has a presence in the US and is pushing out 60,000 wafers a month outside of Albany, NY with process at 14, 22 and 28 nm. (that's a lot, the largest in the world are pushing about 150,000 wafers/month)

    Tower Semiconductor has US foundries, although it is not a US company, dealing with some more exotic ICs for mixed signal and high performance analog. They're frequently making special purpose ASICs for telecommunications, so there's your "high bandwidth Internet" right there.

    Does the US manufacture the most ICs? No way, not by a long shot, the tiny Island nation of Taiwan has the big United States beat by an order of magnitude. But the US still operates cutting edge silicon foundries, so it's premature to say "The best the US can do is 80s/90s era ICs"

    --
    “Common sense is not so common.” — Voltaire
  11. Brain drain vs Drumpf by OrangeTide · · Score: 5, Insightful

    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
  12. Bogus scale by plopez · · Score: 4, Funny

    Where's brand management?
    Leveraging synergies?
    Obesity?
    Strategic reassignment of global presence?
    Operational guidance of private sector management of the state?
    Upward redeployment of economic value propositions with attendent infiltration to lower skilled resources?

    I don't see the point of this survey.

    --
    putting the 'B' in LGBTQ+
  13. And actual innovations? by clovis · · Score: 5, Interesting

    What I'd like to see is a list of innovations (by industry) made in the last 5 years (or even 10), and next to that where that innovation was made and by whom. Then we would have some idea of how to make an innovation ranking.

    Bloomberg's rankings don't look at actual innovations but rather the potential for innovations being created.
    For example, India produces something like 25% of the world's engineers, but I'm pretty sure 25% of the world's engineering is not being done in India.

    Here's Bloomberg's categories:

    R&D intensity (R&D expenditure as % of GDP)

    Manufacturing value-added (MVA as % GDP and per capita)

    Productivity (GDP and GNI per employed person age 15+ and 3Y improvement)

    High-tech density (Number of domestic high-tech public companies such as aerospace, defense, biotech,hardware, software, semiconductors, internet software and services, and renewable energy companies as % of publicly listed companies and as share of total world public high-tech)

    Tertiary efficiency (how much of population has advanced degrees in the labor force plus what percent is tech degrees)

    Researcher concentration (percent of population (per million) that are engaged in R&D)

    Patent activity (patent filings, patents in force, per million population, patent filings per $100 billion GDP, and total grants by country as share of world total.)

    Countries whose economies grow a lot of food, or use natural resources, or have low unemployment get dinged by the per capita and percent rankings. Bloomberg's methodology favors small manufacturing-intensive countries whether or not that country actually invents anything new at all.

    That's why Iceland is above Russia.
    Or Ireland above the UK. really?

  14. not unexpected by Reverend+Green · · Score: 5, Insightful

    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.

  15. Re:Unless Starcraft strategy is innovative... by another_twilight · · Score: 3, Informative

    It's harder to name something innovative that DIDN'T start here than the reverse

    Space travel - first man made object in space was the V2. Early space program in both US and USSR carried on from German rocketry, with German scientists
    Quantum mechanics - Planck is usually considered to be first. Einstein is German born but a US citizen, then you've got Heisenberg and Born for Germany and Schrodinger from Austria. I'm not arguing Einstein's importance, nor his citizenship, but QM DIDN'T start in the US
    Nuclear bombs - the US produced the first, but the ideas around fission go back to the 30s and both the USSR and Germany had independent and parallel programs. Not sure that it's innovation if others are doing it and you just beat them to production.
    Tang - a powdered fruit drink? Powdered milk and instant coffee go back to the late 1800s. I'm not sure that Tang qualifies as innovative (unless there's more to it than I understand)

    Of the other examples, some are weak (Commercial space flight is double counting, the innovative part is space flight, commercialising technology is ordinary), others are evolutionary (Google's search engine, the iPhone) which while still innovative are weakly so.

    The clearest example you provide is the Internet. While other countries provided some of the early elements (UK and packet switching for eg), the overall concept, development and the majority of the work was all US.

  16. Re: Yep, partly because of U.S. immigration policy by Reverend+Green · · Score: 3, Insightful

    We still don't have a social safety net. Long term welfare dependency programs, sure, we got lots of those. But zero help for productive working people down on their luck.

  17. Re: Unless Starcraft strategy is innovative... by Stormwatch · · Score: 4, Informative

    Pretty much the only big tech company in Europe is Phillips, and arguably their most high tech product is LED lights

    Philips also makes high-end medical devices: magnetic resonance scanners, tomographs, radiation therapy systems, and so on.

  18. Re:Unless Starcraft strategy is innovative... by ArmoredDragon · · Score: 5, Interesting

    Yes, but who do you think owns patents on parts you in US use?

    Later on in your post you nitpick about who manufactures it, yet here you nitpick about who invented it. But even then, this is just that, a nitpick, because very few components are covered by foreign patents. I recall when SpaceX first successfully landed a first stage rocket, and they shouted USA! USA! USA! internet forums, including slashdot, were being raged at by people abroad saying that it wasn't just the USA that did that...only, it was just the USA. SpaceX is 100% domestic, and the company that paid for the launch is also a US company. And most importantly, NOBODY else has pulled anything even close to that off. The US private sector is technologically superior to every government in the world in this respect. But that doesn't even touch on NASA. The ESA has yet to run a single successful Mars mission in spite of many attempts. Russia has, but they're mostly failures. The US has run many more than both combined, and nearly all were successful, some succeeding by far beyond what the original mission called for.

    Yes, the US really is THAT much better than the rest of the world here, and coming soon to a global theater near you, we're going to put a submarine under titan's ice, and the James Webb Space Telescope will be a NASA creation, with relatively small assistance from ESA and CSA, and is in fact being constructed by two US companies.

    The best the US can do is 80s/90s era ICs. Modern ICs drive the high bandwidth of the modern Internet. Welcome.

    If I didn't already know you were somebody butthurt over the US utterly dominating this space, I'd think you were making a joke. The #1 and #2 top creators of CPUs and GPUs are US companies, and most of the world's most used ASICs (especially ASICs that power most advanced networking equipment like switches and certain types of routers) are created here. The top technology companies for internet communication in the world are Cisco, Intel, Qualcomm, and Broadcom. Nokia comes close admittedly in just the wireless side, but they still don't match those four. Anything beyond these, i.e. realtek or huawei, create substandard components. Quite simply, without us, the rest of the world would be back in the 90's.

    That is not an innovation so much as a discovery, so perhaps your methodology is flawed. But no cares, point for the US for innovating quantum mechanics into existence.

    Pretty sure he's referring to making practical uses for quantum mechanics. Presently that is 85% only the US, with China being maybe another 10%, with the rest being divided among other places.

    That is a company. Now their AI, that is something you can loft up. Google is not the only person for AI. So innovative maybe fifteen years ago, perhaps?

    You're handwaving away the fact that Google is still at the forefront of AI research and development. They're also at the forefront of self driving cars, the world's most used web browser, the world's most used smartphone OS, the world's most used email service, and web search engines, in which theirs is the one that most of the world is hopelessly dependent upon. Though they're not unique in this regard, as the world's economies are hopelessly dependent upon much US technology, including our ICs, namely those made by Intel, AMD, Nvidia, and Qualcomm, and US software from the likes of Google, Mozilla, Apple, Microsoft, VMware, Citrix, Adobe, Amazon, and many others.

    Because you all are not innovative. You are not making things, you are outsourcing to other countries to make bits and pieces that make what you all hold to be innovative. Being third link in an chain, is not being innovative, it is just be clever in putting puzzle pieces together. Do not be a puzzle solver, be a puzzle maker.

    And at the start of your post, you were acting as though the intellectual property matters the most, but

  19. Re: Unless Starcraft strategy is innovative... by Zontar+The+Mindless · · Score: 4, Informative

    So you think throwing a dog into orbit to die counts as space travel and the US did no original or innovative work in this area?

    The Russians were also the first to send a human into space.

    You were saying...?

    --
    Il n'y a pas de Planet B.
  20. Re:Unless Starcraft strategy is innovative... by AK+Marc · · Score: 3, Informative

    Space travel. The Internet. iPhones. Commercial space travel. Quantum mechanics. Nuclear bombs. Tang. Google.

    Yes, the US used to do great things. But genetic engineering on humans? China only, due to regulations. Space travel? Well, the US government canceled all its programs, and buys space on other's launches. Some private work, but that's being duplicated by others elsewhere in the world, and the lead isn't clear, and the lead is by an immigrant from Africa. Nuclear Bombs. Nope. The US is not working on new nuclear bombs. Rather than decommissioning thousands and replacing them with hundreds, for cost savings while not decreasing strike capabilities, the US spends defense budgets on airplanes to replace old ones that do a better job than the new ones.

    It's harder to name something innovative that DIDN'T start here than the reverse.

    Well, since you are going back 50+ years, who made the first automobile?And your space travel example is insane. First man in space? First man in orbit? First satellite? First rocket? None of that was US. The US had the first man on the moon. Yay, one first out of hundreds. So let's pretend that's the only one that matters. How's that Space Shuttle program doing?

  21. Re:Unless Starcraft strategy is innovative... by TheRaven64 · · Score: 5, Insightful

    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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  22. Re:Unless Starcraft strategy is innovative... by Kiuas · · Score: 4, Insightful

    We truly are the apex predator in this global the technology game, and anybody who believes otherwise is either using some goofy metric that has zero relevance for any given practical purpose, or they just simply have no fucking idea just how much today's American technology utterly pervades their entire livelihood.

    While I agree with this sentiment overall, something I'd like to point out: you're the wealthiest country at the moment, and will remain so for another decade or so at least, China's inevitably going to bypass you on grounds of size, but in terms of per capita GDP you're going to remain on the top. This means that for commercialization purposes the US is indeed the top market for technology. However what's being discussed here is innovation, not commercialization. The medical side is a good example in a way: the US has the most commercialized medical system in the world, which means there's a lot of money to be made by selling medical tech and meds in the US. This drives the creation of products to the market, but that doesn't mean the research that goes into the solutions is solely American. Gene therapy for example is an area of huge research globally, with universities and companies in all advanced societies putting money into it. The current CRISPR/CAS9 basis for gene therapy was pioneered by 2 women, one of them being the American biochemist Jennifer Doudna working from Berkly California, and another one being the French biochemist Emmanuelle Charpantier who used to work in Sweden and now works in Germany. Similar examples can be found elsewhere in tech. You took up CPUs; the first commercially manufactured microprocessor by Intel, the Intel 4004, was designed under the lead of Frederico Faggin, an Italian. 2 indian engineers, Vinod Dham and Rajeev Chandtasekhar were part of the core team that developed the 486 chip. And so on.

    I'm not trying to say you're incorrect in what you were saying about the end products of cutting edge tech often coming from American companies, that's obvious because you've got the most money which also means you're the source for most of the R & D money on the private sector. I'm just pointing out that the innovations and research that are needed to make those products possible are the result of a global effort of a multitude of scientists The vast majority of major american breakthroughs rely on people and knowledge from around the world, so they're not purely 'American' innovations in that sense.

    --
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  23. Re:Unless Starcraft strategy is innovative... by Anonymous Coward · · Score: 4, Insightful

    SpaceX is 100% domestic,

    You mean that company founded by an immigrant from a Shithole country?

    Yes, because that is the very definition of being an American.

  24. Re:Your definition is way off by hey! · · Score: 3, Interesting

    Right, although I am not entirely sure a micro aggression is rude. It strikes me as something that is actually civil,

    Well, there's the problem. True politeness is rooted in being considerate, but since it has to govern interactions between even strangers, it needs conventions that people share.

    When I was young I was taught that gentlemen opened doors for ladies. Yes, I am that old; I was even taught to place myself on a sidewalk between a lady and the street. Now the door convention is you hold the door open long enough for the person following you to catch it, unless one of you is carrying something and the other is not. Then the unencumbered person (male or female) holds the door for the encumbered one (male or female).

    So now what was once conventionally polite can in fact carry an unintended message. Holding a door for an unencumbered woman can be perceived as a slight on her ability, rather than a gesture of respect. Neither interpretation is objective, it's all a matter of context.

    This by the way points out another good reason to bring back etiquette: it provides a whole vocabulary of disrespect that is less provocative than calling someone names. If you presented the Queen of England to the US President, and were presumed to know better, that would correctly be interpreted as a slight on the UK. It also gives the recipient a pretext under which to ignore the slight. Since we no longer regard such norms as important, we have nothing to ascribe our hurt feelings to but malice.

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