8. March 2010
Iceland no 1 on the Global Innovation Index '09-'10
Iceland received flying marks in the Global Innovation Index 2009 - 10 published by INSEAD Business School and the Confederation of Indian Industries, topping the list of 132 countries.
Iceland has proved to be the proverbial wildcard in terms of its innovative spirit and its ability to rebound from its deep recessionary state. Proving financial priests wrong, it has started putting in place innovative processes and structures to deal with the crisis proactively. Iceland’s success factor in innovation is in some sense simplistic and plain: it has switched to a New Age knowledge economy and it has used green technology both in terms of geothermal energy as well as adopting hydrogen as a fuel for cars. What is however most transparent is that it has adopted proactive policies to become a nation that sees to make sustainable innovation the engine for its future economy. Its farsightedness also stems in knowing that innovations and new energy paradigms will set the bar for future sustainability and geopolitical supremacy.
In the Index Iceland tops such innovation powernations as Sweden, Switzerland and Finland.
Top 10 list in the Global Innovation Index 2009 - 10:
- Iceland
- Sweden
- Hong Kong
- Switzerland
- Denmark
- Finland
- Singapore
- Netherlands
- New Zealand
- Norway
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