Malaysian Technology Strategic Outlook

GLOBAL TOP INNOVATORS The Global Innovation Index (GII) ranks 132 countries on 81 indicators based on the innovative performances of the economies using innovation matrices highlighting the countries’ strengths and weaknesses. For 2022, the following shows the top three economies by income groups:

In 2022, several technological breakthroughs have been identified. Here are some according to Forbes:

HIGH INCOME

UPPER MIDDLE-INCOME

Nuclear Fusion: The successful attempts to create ‘self-heating burning plasma’ are hoped to lead to commercially-viable fusion reactors that could provide us with limitless, cheap, and clean energy sources.

1. Switzerland

LOWER MIDDLE-INCOME

1. China

LOW-INCOME

2. United states

1. India

3. Bulgaria

1. Rwanda

The year saw a significant milestone reached, with the Axiom-1 becoming the first privately-funded crewed mission to dock with the International Space Station (ISS).

2. Vietnam

3. Sweden

2. Madagascar

3. Malaysia

3. Iran (Islamic Republic of)

3. Ethiopia

The Orca is a carbon removal plant in Iceland which is the biggest yet and can capture 4,000 metric tons of CO 2 in a year.

According to this report, only a few countries have consistently delivered peak innovation performance. Switzerland tops the list for the 12 th consecutive year, and the US climbed to the second spot.

Malaysian Technology Strategic Outlook 2023/2024 Energy, Healthcare & Space Industry 26

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