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Rick Martin · · 2 min read

China Taking Over the Tech World? Not So Fast…

China vs US innovation

Newsweek 2009

China has made great strides in the tech world over the last decade, particularly in the technology sector. Internet companies like Baidu, Sina, and Alibaba are recognizable names on the global stage, as are China Mobile and Huawei in the mobile space.

But for those of you who subscribe to the narrative that China is taking over the technology world, a new report suggests that notion might be wrong. Or at the very least premature.

The study was conducted by the Martin Prosperity Institute, and it identifies technology, talent, and tolerance as factors that “shape long-run prosperity.” It then used these factors to make a Global Creative Index. Sweden, the US, and Finland hold the top three spots, with New Zealand and Singapore as the only APAC regions in the top ten at sixth and ninth respectively. Of the 82 nations in the study, India and China were rated 50th and 58th respectively. You can view the top 25 below:

The report also examined factors like R&D investment, researchers per capita, innovation (measured in patents per capita). It combines these factors into a Global Technology Index, in which Finland, Japan, and the US top the rankings. As for other Asian nations, Korea comes in eighth spot, while Singapore comes in tenth. As for China and India, again they’re much further down the list in 30th and 42nd respectively.

Rank R&D investment Researchers per capita Innovations (patents per capita) Global Technology Index
1 Israel Finland United States Finland
2 Sweden Sweden Japan Japan
3 Finland Japan Switzerland United States
4 Japan Singapore Finland Israel
5 Switzerland Denmark Israel Sweden
6 United States Norway Sweden Switzerland
7 South Korea United States Germany Denmark

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Community Writer

Rick Martin

Rick Martin lives in Tokyo where he writes about technology in Japan, China, and around Asia. After writing full-time for TechInAsia from 2011 to January 2013, he moved on to pastures new at The Bridge. He can be reached via his website, 1Rick.com