Germany is the most innovative

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Image source: https://www.tagesschau.de/wirtschaft/innovation-deutschland-101.html

No other country in the world is as innovative as Germany. This is the result of a new study completed by the World Economic Forum (WEF). As the Foundation states in their latest Global Competitiveness Report, Germany ranks first as the world’s most innovative economy with 87.5 points, outperforming the United States with 86.5 points in second, and Japan with 79.2 points in third place. Decisive factors were for instance the number of patents filed, the number of scientific research papers published and consumer satisfaction.

What makes innovation so important for countries, is it’s potential for economic growth. “[T]hose countries which can go from idea generation to the successful commercialization of a product the most quickly, within a fertile ‘innovation ecosystem’ of various factors, will have the greatest productivity” (Whiting).

In addition to the five sub-pillars commercialization, interaction and diversity, administrative requirements, research and development, and entrepreneurial culture that measure the innovation ecosystem according to the World Economic Forum, a country’s ability to innovate is also determined by other factors, such as ICT adoption, quality of education and intensity of competition.

Innovation capacity is one of the twelve pillars according to which the World Economic Forum ranks a country’s competitiveness. The other pillars include for instance a country’s financial system’s strength, infrastructure, education system and health care system. Taking all twelve pillars into account Germany ranks third, after the United States and Singapore. Still not too bad after all.

The report stresses however, that competitiveness is not a zero-sum game between countries; it is not a competition. “All countries can become more productive at the same time. Improving education standards in Country A does not lower standards in Country B; tackling corruption in Country A does not make Country B more corrupt. Hence, the pursuit of national competitiveness does not undermine global cooperation – indeed, openness contributes to competitiveness” (Schwab 5).

To read the full Global Competitiveness Report 2018 click here.


Sources:

“Deutschland Ist Am Innovativsten.” Tagesschau.de, 17 Oct. 2018, http://www.tagesschau.de/wirtschaft/innovation-deutschland-101.html.

Dpa. “Deutschland Ist Spitze Bei Innovationen.” Frankfurter Rundschau, 17 Oct. 2018, http://www.fr.de/wirtschaft/weltwirtschaftsforum-deutschland-ist-spitze-bei-innovationen-a-1603076.

Schwab, Klaus. The Global Competitiveness Report 2018. World Economic Forum, 2018.

Whiting, Kate. “Germany Is the World’s Most Innovative Economy.” World Economic Forum, 18 Oct. 2018, http://www.weforum.org/agenda/2018/10/germany-is-the-worlds-most-innovative-economy/.

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Career Booster Germany

On November 5th the GCCIR had the opportunity, together with numerous other organizations, to promote Germany and the German language to Junior High and High School students in Edmonton.

It was the second iteration of the Career Booster Germany event in Edmonton, organized by the Goethe-Institut Toronto and hosted by IISLE (Institute for Innovation in Second Language Education) and ZfA (Central Agency for Schools Abroad).

Special guests included the new Consul General of Germany for Western Canada, Dr. Klaus Otto Schmidt, and Honorary Consuls of Germany Mr. Harald Kuckertz for Edmonton and Mr. Hubertus Liebrecht for Calgary.

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Panelists Dr. Carrie Smith-Prei (Professor of Modern Languages and Cultural Studies, University of Alberta), Katelyn Petersen (Executive Director, GCCIR), Zuzana Schmidtova Ritzer (Senior International Officer, Concordia University of Edmonton, and Moderator Christine Korte (Goethe-Institut Toronto)    © photo by GCCIR

Working with companies in Alberta to foster innovative technological research and development collaboration projects with Germany, the GCCIR was invited to share with students how a working knowledge of German can be good for business and their future career paths. Katelyn Petersen, Executive Director of the GCCIR, also had the opportunity to share her experiences with the German language during a panel discussion on German/Multilingualism as Global Fluency, which discussed how  knowledge of German and international experience can also have professional benefits in a new global context.

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Stanley Walter (Project Coordinator, GCCIR)    © photo by GCCIR

GCCIR Project Coordinator, Stanley Walter, shared some of his experiences working internationally and interculturally and pointed out some of the advantages to learning German, as well as sharing some of the language’s more creative turns of phrase.

For the GCCIR, it was exciting to see how many students joined the event from Edmonton’s public schools and how many were either interested in learning German or already taking German classes at their schools.

We look forward to promoting Germany to students again at the next Career Booster Germany.