BETHLEHEM, PA (October 31, 2008)—A new study published in the September/October issue of the journal Marketing Science reveals the world's most innovative countries, with Japan and the Nordic countries earning top spots and the United States finishing in sixth.
The study, which evaluates 31 countries based on the time it takes for new products to takeoff, is among the most comprehensive research of its kind. Wherever applicable, researchers analyzed 16 different product categories over a time span of 50 years.