Essay: Russia is far behind the USA and China as far as innovation and Russia's ability to innovate is likely going to get worse
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In 2023, Russia was ranked 51st in the world as far as the Global Innovation Index.[1] According the Global Innovation Index: "In 2023, global innovation index for Russian Federation was 33.31 index. Global innovation index of Russian Federation fell gradually from 39.14 index in 2014 to 33.31 index in 2023." (A score of 0 is the weakest a country can obtain).[2]
In addition, there are a number of factors which indicate that Russia's ability to compete against other countries in terms of index is going to get worse as can be seen by the essays below:
- Low labor productivity is one of the most acute and important problems facing Russia
- Russia's economy is that of a shrinking, aging, and poorly qualified population
- Russia is dying out. The war in Ukraine is making Russia's demographic crisis even worse
- Why I am not bullish on Russia's future
