Home > General > US ‘no longer technology king’

US ‘no longer technology king’

The US has lost its position as the world’s primary engine of technology innovation, according to a report by the World Economic Forum. Singapore was among the nations ranked higher than the US. The US is now ranked seventh in the body’s league table measuring the impact of technology on the development of nations.

A deterioration of the political and regulatory environment in the US prompted the fall, the report said. The top spot went for the first time to Denmark, followed by Sweden.

Countries were judged on the integration of technology in business, the infrastructure available, government policy favourable for fostering a culture of innovation and progress and leadership in promoting the usage of the latest information technology tools.

NETWORKED READINESS INDEX RANKINGS 2006 (2005)

  1. Denmark (3)
  2. Sweden (8)
  3. Singapore (2)
  4. Finland (5)
  5. Switzerland (9)
  6. Netherlands (12)
  7. US (1)
  8. Iceland (4)
  9. UK (10)
  10. Norway (13)

[ Source ]

Categories: General Tags:
  1. No comments yet.
  1. No trackbacks yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: