We live innovation Germany ranks second in Bloomberg's Global Innovation Index

January 22, 2019 - Autonomous driving, voice assistants, intelligent cameras, smart algorithms, artificial intelligence, smart homes & cities - every day we work hard to push forward the great ideas and innovations of the future. Daimler Financial Services is thus making a direct contribution to ensuring that Germany is able to record the next success story as an innovation powerhouse: second place in Bloomberg's Global Innovation Index.

In the annual Bloomberg Global Innovation Index, Germany ranks second in 2019, just behind South Korea: "Germany almost caught six-time champion South Korea on the strength of added-value from manufacturing and research intensity, much of it built around industrial giants such as Volkswagen AG, Robert Bosch GmbH and Daimler AG," the business news service Bloomberg explained on its homepage.

As part of Daimler AG, Daimler Financial Services AG is one of the company's innovators. With our investments in forward-looking start-ups, artificial and emotional intelligence (Sarah), comprehensive mobility solutions (car2go, moovel and mytaxi) and the ambitious goal of turning Smart Cities into reality, we offer a broad innovation portfolio that contributes to Germany's leading position in this year's ranking.

One of the other big winners in the ranking is China (16th), which left Great Britain (18th) behind for the first time. The Middle Kingdom was particularly convincing when it came to patent applications.

The Top 10 of the 2019 Bloomberg Innovation Index

  • 1. South Korea
  • 2. Germany
  • 3. Finland
  • 4. Switzerland
  • 5. Israel
  • 6. Singapore
  • 7. Sweden
  • 8. USA
  • 9. Japan
  • 10. France

Mode according to Bloomberg

The 2019 ranking process began with more than 200 economies. Each was scored on a 0-100 scale based on seven equally weighted categories (Research & Development intensitiy, Manufacturing value-added, Productivity, High-tech densitiy, Tertiary efficiency, Researcher concentration, Patent activity). Nations that didn’t report data for at least six categories were eliminated, trimming the total list to 95. Bloomberg publishes the top 60 economies every year.

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