Denmark recognized most innovative nation in worldJanuary 28, 2011 - 16:49 AMT PanARMENIAN.Net - According to a roundup at RealClearWorld based on 2010 global prosperity data and analysis from the Legatum Institute, Denmark is the leader among the top 10 innovative countries in the world in 2010, followed by Sweden and the U.S. Denmark has the lowest costs to starting a business, while Sweden spends more than all but one nation on Research & Development (R&D), at 3.1 percent of GDP. The U.S. spends on R&D about 2.2 percent of GDP, and its income from royalty receipts (intellectual property here) is tops, totaling almost $92 billion. These countries are followed by Finland, Great Britain, Norway, Ireland, Singapore, Iceland and Canada. Legatum says its data was based on 110 countries and 89 different variables in eight major groups: economy, entrepreneurship/opportunity, governance, education, health, safety/security, personal freedom and social capital. According to the study, the most innovative countries in the world are the ones “who contribute to the general advancement of mankind’s wellbeing.” The study considered the conditions that could foster such activity: a strong entrepreneurial climate; low costs to starting a business; public perception of a good entrepreneurial environment; a country’s ability to commercialize innovation; IT and telecom infrastructure (ICT) that enables productive commercial endeavors. Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020." Partner news Most popular in the section | Get Started: An educational platform for young startuppers The Get Started program which operates in two phases is an important platform for young startuppers. Byblos Bank Armenia celebrates Students' Day with scholarship recipients YSU students who received scholarships from Byblos Bank Armenia gathered in a casual setting to meet with the Bank's CEO, Hayk Stepanyan. Azerbaijan extends Rune Vardanyan’s arrest by 5 months A court in Azerbaijan has extended the arrest of former Nagorno-Karabakh leader Ruben Vardanyan by five months. Armenia border residents dissatisfied with delimitation Residents Kirants are dissatisfied with the results of the delimitation of the border between Armenia and Azerbaijan. |