WEF: US loses #1 rank as Technology Innovator. WFZ: Wrong.

BBC NEWS | Business | US ‘no longer technology king’

The US has lost its position as the world’s primary engine of technology innovation, according to a report by the World Economic Forum.

The US is now ranked seventh in the body’s league table measuring the impact of technology on the development of nations.

A deterioration of the political and regulatory environment in the US prompted the fall, the report said.

Let’s take a closer look:

1: Denmark
2: Sweden
3: Singapore
4: Finland
5: Switzerland
6: Netherlands
7: US
8: Iceland
9: UK
10: Norway

Aside from the skepticism-inducing source of the report (what does a rich people’s thinktank know about technology innovation?), these are all little tiny countries. Scale matters.

Technorati Tags: innovation

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