All Global News on One Page

Cracking the Code on Why Countries Succeed and Fail and What We Need to Do Next

Thanks to my friends at the Gallup Organization, our partner around the new Gallup-Operation HOPE Financial Literacy Index, I now have the data-backed evidence to “make the case” for the power of innovation and ideas in the success of nations; here in America and around the world.
Based on verifiable data, from 1963 through 2009, there were 4.5 million total patents granted globally, with more than 2.6 million of those patents originating here in the United States, or almost 2/3rd’s of all world patents. News flash: The U.S. also happens to be the largest economy in the world. Now stay with me here.
Within the United States, California has more than 450,000 total patents, or 20% of all U.S. patents and fully 10% of the world’s patents. California is also the 10th or 11th largest economy in the world.
And then there is New York, with more than 223,000 patents, and together with California these two states have the most patents of any other group of states in the United States. What are the two largest economies in the United States? California and New York, of course.
Now, follow me a bit further, as what comes next is even more amazing and inspiring.
Of the remaining patents outside of the United States, Japan has approximately 761,000, Germany has 322,000, the United Kingdom more than 132,000, France 120,000 plus, Canada more than 87,000, and Taiwan and South Korea more than 77,000 and 66,000 respectively. These just happen to be amongst the largest economies in the world, correlating very closely with global GDP growth numbers amongst leading nations.

read full news from www.huffingtonpost.com