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Global Economy Watch - September 2019

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Global Economy Watch - September 2019

South Korea has been named the world’s most idea-intensive nation globally. Back home in Singapore, the city-state has come in 14th place with 543 patents granted per million population. These findings are according to PwC’s Global Economy Watch, which found that the top 20 were dominated by East Asian and Northern European countries.
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Siew Ling Ong

Siew Ling Ong

Press contact Manager, Brand and Communications
Candy Li

Candy Li

Press contact Team Lead - Brand & Communications
Si Jie Lang

Si Jie Lang

Press contact Consultant Brand and Communications +65 9825 1672

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Singapore ranks 14th in idea intensity globally - PwC Global Economy Watch

Singapore ranks 14th in idea intensity globally - PwC Global Economy Watch

● Singapore ranks 14th globally for idea intensity (543 patents granted per million population) in 2017, up from 16th place in 2010 (359 granted per million population) ● South Korea ranks highest in world for idea intensity according to new analysis by PwC ● Analysis demonstrates clear relationship between public and private investment in research & development (R&D) and idea intensity