Once upon a time—actually, it was just last year—the U.S. was the world innovation champion, according to an annual report by INSEAD and the Confederation of Indian Industry. In this year’s study, however, the U.S. slumps to 11th place. Perhaps even more surprising, BusinessWeek reports, is the new No. 1: Iceland. Soumitra Dutta, an INSEAD professor of business and technology, who oversaw the survey, theorizes that size matters—but in this case, it’s the smaller, the better. It appears that smaller, homogeneous developed countries can more easily unite to support policies, institutions, and infrastructure that promote innovation. The...

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About the Author:

Denny Carter

Dennis has covered higher education technology since April 2008, having interviewed some of the most recognized IT pros in U.S. colleges and universities. He is always updating eCampus News with the latest in pressing ed-tech issues, such as the growing i