Singapore’s rise against global peers was underpinned by stronger showings in productivity and patent activity, while the city state also retained a world-beating ranking in tertiary efficiency
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SINGAPORE (Jan 21): Singapore leaped three spots to reclaim its No. 3 rank in the 2020 Bloomberg Innovation Index, while economies across Asia Pacific showed a mixed picture of progress.
After a six-year streak at the top, South Korea was unseated from its best-in-world spot by Germany – but only just. Japan and New Zealand were among those losing ground in innovation against global peers, while Vietnam showed a big gain.
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