CTA 2023: 24 nations selected as “Innovation Champion”, Thailand under “Innovation Adopter”

A record 24 countries earned the highest ranking of “Innovation Champion”: Australia, Austria, Belgium, Canada, Denmark, Estonia, Finland, France, Germany, Iceland, Ireland, Israel, Japan, Lithuania, Luxembourg, The Netherlands, New Zealand, Norway, Singapore, Spain, Sweden, Switzerland, the United Kingdom, the United States, as well as the European Union (EU).

Gary Shapiro, president and CEO, CTA says “This year’s Innovation Champions embrace policies that unleash innovation and empower diverse communities to bring new technologies to life and to market, improving the lives of millions.”

The Scorecard measures 40 indicators across 17 categories, including tax friendliness, environmental quality, trade policy, broadband access, and cybersecurity. The 2023 edition expanded to include nine additional countries, assessing a total of 70 nations spanning the globe, including all members of the EU and G20.

The next tier of nations ranked in the Scorecard – Innovation Leaders – includes dynamic Asian economies like South Korea and Malaysia, as well as a group of democracies only a generation removed from the Cold War, including Poland, the Czech Republic, Slovenia and Hungary. Four Innovation Leaders — Bulgaria, Malta, Slovakia and Greece — are new entrants to the group, reflecting the ever-expanding frontier of technological progress.

Thailand falls under Innovation Adopters

A third category of 20 countries are ranked as Innovation Adopters, which show strong pro-innovation policies and trends in some categories, but not most. As Innovation Adopter, Thailand is still lacking in diversity and freedom, while cybersecurity issue needs to be improved. But good news for Thailand, because it has got an A+ in telehealth innovation and an A in both digital assets and artificial intelligence.

True Digital Park, as Southeast Asia’s largest tech and startup hub, has been strengthening startups and supporting innovation in the country. If you are an innovator or startup looking for advice or a place to make your product/service known, please contact us at hello@truedigitalpark.com.

Source: CES