A new global ranking from the Consumer Technology Association (CTA) identifies the Netherlands as one of 13 countries earning the designation of 2018 Innovation Champion. CTA’s International Innovation Scorecard identifies critical areas of national policy that spur innovation and reveals the areas in which countries may be stunting their own futures and economic growth.
CTA, the largest U.S. tech trade association, conducted a comparative analysis of 38 countries and the European Union. In addition to the Netherlands, CTA’s Scorecard named Australia, Austria, Canada, the Czech Republic, Denmark, Finland, New Zealand, Portugal, Singapore, Sweden, the United Kingdom and the United States as global Innovation Champions.
The Netherlands made a strong showing in a number of categories. The report finds the country’s startup sector has continued to expand, pushing the Netherlands’ annual new business entry rate to 5.34 per 1,000 people and helping the country produce six “unicorn” companies. The Netherlands also allows testing of self-driving vehicles and opened a new testing facility for self-driving cars as part of a collaboration with the Delft University of Technology. The country also offers average broadband speeds that far exceed those of most other countries, including average fixed internet speeds of 17.4 mbps.