Executive Education

The 25 Most Innovative Economies In The World, 2016, Switzerland Tops Again

Switzerland has been named the world’s most innovative economy in a new survey by Cornell University, INSEAD and the World Intellectual Property Organization (WIPO). Of the top 25 countries on the list, 15 of the economies hail from Europe.

Switzerland retains the top spot for the 6th consecutive year. Sweden climbed to 2nd place from 3rd in 2015 in a top-5 most innovative economies table that included Switzerland at the top, followed by the UK in 3rd place and the US and Finland in the 4th and 5th.

Rounding out the top 10 economies, out of 128, were the Singapore in 6th, followed by Ireland, Denmark, the Netherlands and Germany.

Thanks to its investments in Education and R&D, for the first time, China ranks among the top 25 on the list of the world’s top innovative economies.

Other emerging economies are climbing the list of efficient innovators, including India, which climbed 15 spots, from 81st last year to 66th this year. The top 25 most innovative economies on the index typically comprises of high-income countries.

World’s 25 most innovative countries, 2016

1. Switzerland (Number 1 in 2015)
2. Sweden (3)

3. United Kingdom (2)
4. United States of America (5)

5. Finland (6)
6. Singapore (7)

7. Ireland (8)
8. Denmark (10)

9. Netherlands (4)
10. Germany (12)

11. Republic of Korea (14)
12. Luxembourg (9)

13. Iceland (13)
14. Hong Kong (China) (11)

15. Canada (16)
16. Japan (19)

17. New Zealand (15)
18. France (21)

19. Australia (17)
20. Austria (18)

21. Israel (22)
22. Norway (20)

23. Belgium (25)
24. Estonia (23)
25. China (29)

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Prof. Dr. Amarendra Bhushan Dhiraj
Prof. Dr. Amarendra Bhushan Dhiraj is a media and technology executive, macro-economist, strategic thinker, chair, and chief executive officer of the CEOWORLD magazine, one of the world’s most influential and recognized global news publications. Under Dr. Amarendra's leadership, CEOWORLD magazine has become the world's most iconic news organization, whose rigorous reporting and unsurpassed storytelling connect with millions of business leaders daily. Additionally, he serves as the chair and founding member of the CEOWORLD magazine’s Inclusion Advisory Board.

In his current role, he counsels and collaborates with c-suite executives of large multinational corporations, helping them drive change in their companies to improve their competitiveness. Dr. Amarendra has extensive experience in serving on numerous boards. He leads and supports a globally dispersed team of columnists, correspondents, editors, journalists, reporters, researchers, and industry analysts.

He received his Ph.D. in Finance and Banking from the European Global School, Paris, France. He also received his Doctoral Degree in Chartered Accountancy from the European International University Paris, France, and a Doctorate in Business Administration from Kyiv National University of Technologies and Design (KNUTD), Ukraine. He earned his Master of Business Administration degree in Finance and his master’s degree in Chartered Accountancy (CA) from European Global School Paris. Dr. Amarendra also holds a Master of Business Administration degree in International Relations and Affairs from the American University of Athens, Alabama, United States.

As CEO, he transformed the CEOWORLD magazine into a highly efficient, digital-first, profitable enterprise. Today, CEOWORLD magazine is a standard bearer for modern responsible journalism. Dr. Amarendra retains a strong desire to continuously improve his skills and abilities and believes that the first step to being a true leader is to inspire others to lead with you.

Prof. Dr. Amarendra Bhushan Dhiraj is the CHAIR, CEO, AND EDITORIAL DIRECTOR of the CEOWORLD magazine. Connect with him through LinkedIn.