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Measures of innovation

Rankings Many research studies try to rank countries based on measures of innovation. Common areas of focus include:  high-tech  companies,  manufacturing ,  patents ,  post secondary education ,  research and development , and research personnel. The left ranking of the top 10 countries below is based on the 2016  Bloomberg Innovation Index . [58]  However, studies may vary widely; for example the  Global Innovation Index  2016 ranks  Switzerland  as number one wherein countries like  South Korea  and  Japan  do not even make the top ten. [59] Bloomberg Innovation Index  2016 Rank Country/Territory Index 1   South Korea 91.31 2   Germany 85.54 3   Sweden 85.21 4   Japan 85.07 5    Switzerland 84.96 6   Singapore 84.54 7   Finland 83.80 8   United States 82.84 9   Denmark 81.40 10   France 80.39 Global Innovation Index  2016...