Denmark ranks number 11 for innovation

Denmark came in at number 11 in Bloomberg’s 2015 Global Innovation Index, which rated a total of 50 countries across six innovation-indicating categories.

Denmark scored particularly highly in the category 'Research Personnel', in which it was the third-highest scoring country.

Pharmaceutical credentials
Marianna Lubanski, the investment promotion director at the local business interest organisation Copenhagen Capacity, emphasised Denmark’s pharmaceutical credentials.

“Home to Medicon Valley, which is the leading biotech and pharma hub in Scandinavia, Greater Copenhagen is a top-five centre of brain power in pharmaceuticals,” she said.

“Denmark is Europe’s most productive country per capita in conducting clinical trials, and Medicon Valley has one of Europe’s largest product pipelines.”

The other highlights were 'Research and Development' (sixth place) and 'Manufacturing' (13th place).

South Korea filled the top spot in the rankings and Japan and Germany were the other medallists.