ITIF uses 16 indicators to assess the global innovation-based competitiveness of 36 countries and 4 regions.  This report finds that while the U.S. still leads the EU in innovation-based competitiveness, it ranks sixth overall.  Moreover, the U.S. ranks last in progress toward the new knowledge-based innovation economy over the last decade.

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Reference : http://www.itif.org/index.php?id=226

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