|
|
|
|
|
by nkoren
3066 days ago
|
|
Every time I see a ranking like this, I think: wow, what a crap ranking. Innovation has relatively little to do with nation-states. It has quite a lot to do with city-regions, however: those, much more than nation-states, are what produce the social and economic dynamism that fuels innovation. What the Bloomberg and other similar metrics do is take real indicators of innovation and then averages them across randomly-sized buckets, making it genuinely useless for comparative purposes. Singapore fares very well because it's a city-state. China fares very poorly because it has three-quarters of a billion people who aren't doing anything particularly from an innovation perspective. America has the same "problem" on a smaller scale. But innovative places like Shenzhen or the SF Bay Area can approach Singaporean levels of innovation, while China and America's innovation output as a whole certainly outdo Singapore's. So this ranking is showing neither the total innovation output of a country, nor the "innovation density" of places where innovators actually congregate. So what is it showing? Basically nothing. (This is not to dispute the thesis that America, as a whole, is having national-scale problems with how it fosters innovation. Personally I agree with that, but would not use this garbage metric to try to support that thesis.) |
|