United States and innovation

The United States is a leader in technology and innovation.

The USA has many innovative people per capita (See: USA still patent Superpower – But China is catching up fast, 2020). The USA is one of the largest markets of the world and U.S. inventors receive nearly half of U.S. Patent and Trademark Office (USPTO) patents.^[1]

Switzerland, Sweden, the United States, the United Kingdom and Singapore are the world’s most innovative economies in 2023, according to WIPO’s Global Innovation Index (GII), as a group of middle-income economies have emerged over the past decade as the fastest climbers of the ranking.^[2][3][4]

On September 27, 2023, Yahoo Finance reported in their news article about the U.S. economy and artificial intelligence (AI): Those ‘bullish indicators’ include the opportunities remaining for those yet to reap the benefits of AI, a ‘renaissance’ for US manufacturing: "Those ‘bullish indicators’ include the opportunities remaining for those yet to reap the benefits of AI, a ‘renaissance’ for US manufacturing...".^[5] According to Goldman Sachs, generative AI could increase global GDP by 7%.^[6]

Russia's President Vladimir Putin, a frequent critic of the United States, admitted about American's openness, open-mindedness and creativity: "I like the creativity. Creativity when it comes to tackling your country's problems. They're openness. Openness and open-mindedness. Because it allows them to unleash the inner potential of their people. And because of that America has achieved such amazing results."^[7]

Switzerland, Sweden, the United States, the United Kingdom and Singapore are the world’s most innovative economies in 2023, according to WIPO’s Global Innovation Index (GII), as a group of middle-income economies have emerged over the past decade as the fastest climbers of the ranking.^[8][9][10]

External links[edit]

• U.S. leads in tech innovation despite strong global competition

References[edit]