Bloomberg includes Russia on its innovative economies index
Russia has been placed 12th on the Bloomberg Innovation Index, which scores economies using seven factors, including R&D spending and concentration of high-tech public companies.
South Korea notched top scores, followed by Germany, Sweden, Japan and Switzerland. The top ten is rounded off by Singapore, Finland, the US, Denmark, and France.
Thailand, Morocco, Argentina, and Kazakhstan bring up the rear in the 50-country Bloomberg Index.
Russia moved up to 12th spot from 14th last year.
The Bloomberg Innovation Index measures seven indicators, including R&D spending, productivity, concentration of high-tech public companies, tertiary efficiency, manufacturing value-added, patent activity and researcher concentration.
China ranked 21st, Malaysia 25th, Hong Kong 37th and India 45th on the Bloomberg Index.
The placement for China at No. 21 on the innovation index is reasonable, given its status as a developing country in which technologies are largely copied rather than created, said Jay Bryson, global economist at Wells Fargo.
Source: http://www.rbc.ru
