January 20, 2020 12:28
Korea has slid to second in Bloomberg's annual Innovation Index for the first time in six years, pushed out of first place by Germany.
Korea came second on a list of 60 countries ranked by the news agency with 88.16 points, but it said Korea's "narrow loss is hardly a reason to anticipate a crumbling in its innovative prowess."
Bloomberg evaluates countries based on "dozens of criteria using seven metrics including research and development spending, manufacturing capability and concentration of high-tech public companies," it said.
Singapore, Switzerland, and Sweden finished third through fifth. The U.S. ranked ninth, Japan 12th, and China 15th.
- Copyright © Chosunilbo & Chosun.com