Report: Israel Among 7 Countries Benefiting Most From Tech Innovation

Devices to simulate cyber crime are displayed at Interpol Global Complex for Innovation (IGCI) at its newly built building during the inauguration opening ceremony in Singapore on April 13, 2015. The Interpol Global Centre for Innovation opened its doors with officials hoping it will strengthen global efforts to fight increasingly …

A report by the organizers of the Davos forum says the United States, Singapore, Finland, the Netherlands, Sweden, Switzerland and Israel are getting the biggest bang for their buck in economic and digital innovation.

The Geneva-based World Economic Forum says in its new Global Information Technology Report released Wednesday that trends suggest individuals, not business or government, are driving the digital revolution and an already large gap in infrastructure between rich and developing countries is widening.

WEF competitiveness chief Margareta Drzeniek-Hanouz says “government or businesses are not leveraging digital technology sufficiently.” She said developing nations could benefit by providing more affordable access.