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Germany's the most innovative economy in the world

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According to a new analysis by the World Economic Forum (WEF) from Geneva, the Federal Republic of Germany ranks first in terms of innovative capability, and thus ahead of the USA in this category.

Decisive factors included the number of registered patents as well as scientific publications and customer satisfaction with German products. Innovation is one of twelve aspects the study uses to assess a country's competitiveness. These include, for example, the stability of the financial sector, the quality of education, health care, infrastructure or macroeconomic stability. Another positive factor is, that German companies rank fourth in the world when it comes to adjusting to the new, digital world.

Germany ranks third overall in terms of competitiveness, behind the USA and Singapore. For the first time, Germany is thus also the most competitive economy in Europe. Switzerland, Japan, the Netherlands, Hong Kong, Great Britain, Sweden and Denmark rank among the top ten. https://thegermanyeye.com/germany-most-innovative-country-worldwide-3627
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In the US, entrepreneurial culture, the labor market and the financial system affect the evaluation. China is ranked 28th out of a total of 140 countries surveyed. On the back ranks are Haiti, Yemen and Chad.

View the full report here: http://reports.weforum.org/global-competitiveness-report-2018/
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What are your thoughts on the matter?
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sangit-joshi
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Germans have always been good at technology. I am reading Understanding Physics by Isaac Asimov. There were a lot of German physicists and chemists in the 1800 and 1900 centuries who wrote scientific papers that lead to the technology of today and our standard of living.
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But for how long will it be able to sustain it after it opened its doors to Syrian refugees???
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All thanks to U.S military protection. They can allocate their money to other areas of their economy
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robert-green-1linda-edwardscaleb-tan
robert-green-1, linda-edwards, caleb-tan and 7 other people started following this discussion
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In the UK the humanities are valued. Commendable. But has engineering been given lower status here? Germany is an interesting and special place to work. In the UK we could learn from their attitude on R&D.
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Hundreds of homeless people left to freeze in the winter in these advanced countries.What is there to be proud with all this technology when the poor and homeless are not cared for
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Nice to hear. I am a former German. They have always been good at technology and innovation, not so good in politics but that changed after WWII..Learned their lesson. I left in 1965 to marry an American and then we were very decidedly better off as Americans. Not now as my sister tells me. She lives in Stuttgart.
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Amazing what can happen when the government believes in science
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chester-marianjoan.jonsenjibi.mathew
chester-marian, joan.jonsen, jibi.mathew and 7 other people started following this discussion
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I don’t know if I’d trust anything electronic their cars still have electrical issues
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If by innovative you mean corrupt then yes. They are very good at stealing other peoples money.
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