Global Creativity Index ranks Finland best for technology and talent

Finland is a global leader in the number of researchers per capita, R&D investment and innovation, according to the Global Creativity Index published by the Martin Prosperity Institute.

Finland is ranked as the best in the world for technology and talent in the Global Creativity Index (CGI) published by the Martin Prosperity Institute. The GCI assesses the prospects for sustainable prosperity across 82 nations according to a combination of underlying economic, social, and cultural factors —Technology, Talent, and Tolerance. It also compares the GCI to a series of other metrics of competitiveness and prosperity—from conventional measures of economic growth to alternative measures of economic equality, human development, and happiness and well-being. Overall, Finland is ranked third in the Global Creativity Index.

CGI puts Finland in the top spot technological capacity, which it measures in terms of research and development spending, R&D workforce, and patented innovations. Finland has the highest number of researchers per capita and is third for R&D investment, and fourth in innovation. Home to Nokia and many innovative small firms, Finland is an acknowledged leader in innovative communications technology, according to CGI.

Finland is also ranked best for talent, measured as a combination of average levels of educational attainment and the percentage of the workforce in the Creative Class, which is made up of workers in fields spanning science and technology, business and management, healthcare and education, and arts, culture, and entertainment. The Creative Class is a driving force in economic growth, according to CGI.

The Martin Prosperity Institute is the world’s leading think-tank on the role of sub-national factors – location, place, and city-regions – in global economic prosperity. It takes an integrated view of prosperity, looking beyond traditional economic measures to include the importance of quality of place and the development.

8th Oct. 2011

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