Denmark no. 11 in Global Innovation Index
26 January 2015
Research & education
Denmark ranks no. 11 in Bloomberg Business’s Global Innovation Index 2015, performing exceptionally well on R&D and research personnel.
The Global Innovation Index by Bloomberg Business ranks the world's 50 most innovative countries, focusing on six tangible activities that contribute to innovation.
Overall, Denmark ranks 11th in the index, demonstrating excellent performance in a number of sub-indices:
- No. 6 for R&D (R&D expenditure as a percentage of GDP).
- No. 3 for research personnel (professionals, including Ph.D. students, engaged in R&D per 1 million population).
- No. 13 for manufacturing (manufacturing value-added per capita).
Best on pharma R&D personnel
Within research personnel, Denmark is a leader in pharmaceuticals.
“Home to Medicon Valley, which is the leading biotech and pharma hub in Scandinavia, Greater Copenhagen is a top-five centre of brain power in pharmaceuticals. Denmark is Europe’s most productive country per capita in conducting clinical trials, and Medicon Valley has one of Europe’s largest product pipelines”, says Marianna Lubanski, Investment Promotion Director, Copenhagen Capacity.
About the Global Innovation Index
The Index uses the following ranking sources: Bloomberg, International Monetary Fund, World Bank, Organisation for Economic Co-operation and Development, World Intellectual Property Organization, United Nations Educational, Scientific and Cultural Organization.
See the Global Innovation Index 2015