Information from the UN's WIPO Global Innovation Index has shown a list of the most innovative countries in the world, with Switzerland topping the list for the 12th consecutive year.
Global R&D expenditures have increased by three times to $2.4 trillion since 2000.
The scope of R&D spending is expanding globally as well. By 2020, the United States accounted for about 30% of worldwide R&D expenditures, down from over 70% in 1960. R&D has a significant impact on practic...