Singapore Among 16 Countries Identified As Innovation Champions
Singapore was among 16 countries identified as an “Innovation Champion” by the organisers of annual consumer electronics trade show CES.
The Consumer Technology Association’s (CTA) second edition of the International Innovation Scorecard ranked Singapore at fifth place, behind the United States.
Other countries included in the score card are Australia, Canada, Denmark, Estonia, Finland, Germany, Israel, Luxembourg, the Netherlands, New Zealand, Norway, Sweden, Switzerland and the United Kingdom.
Singapore received high scores for being open to innovation. More than half the Singaporean workforce is highly skilled, while it tops the diversity scorecard with immigrants making up 46% of the population.
Singapore also ranked well for fast broadband, at a mean download speed of 60.4 Mbps. The monthly cost of fixed broadband is also relatively low, at 0.5% of gross national income (GNI) per capita.
However, the CTA report also noted that Singapore can improve its levels of personal and political freedom.