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The Nordics are among the world’s 10 smartest countries – most likely to ‘produce the next Google’

August 17, 2017 Articles, Media / Op-ed
Tom Turula 17 Aug 2017 10:48 AM [caption id="attachment_3510" align="aligncenter" width="600"] Spotify Press Photo[/caption] Sweden, Finland and Denmark are very well-positioned to foster the big ideas of tomorrow. This according to the Intelligence Capital Index (ICI), compiled by Distinguished Fellow at INSEAD, Kai L. Chan, who gauged four parameters – education, creativity, cognitive skills and attractiveness for skilled immigrants – to determine the smartest countries in the world with the best innovation potential. The ICI was published by INSEAD Innovation & Policy Initiative Sweden tops the Nordic countries at sixth place, tightly followed by Finland and Denmark on 9th and 10th spots. The top ten is otherwise populated by European and North American countries, with the exception of Australia and Singapore. Chan notes that the Nordics have “typically high scores on the aspects of attractiveness for immigrants and creativity.” The ranking pins Sweden as the world’s most creative country, followed by Finland and the U.S. “Creativity should be part and parcel of any measure of human capital. Rote learning and memorisation are fast losing value in an era increasingly relying on computers and robots,” writes Chan, who used the Global Creativity Index and countries’ ratio of R&D expenditure-to-GDP as creativity proxies. Denmark excelled with the quantity and quality of its elite education (5thand 9th in…

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