State of Tech

According to the World Economic Forum's Global Technology Report 2006 - 2007, the following countries topped the Network Readiness Rankings:

1: Denmark (3)

2: Sweden (8)

3: Singapore (2)

4: Finland (5)

5: Switzerland (9)

6: Netherlands (12)

7: US (1)

8: Iceland (4)

9: UK (10)

10: Norway (13)

Source: WEF

According to the BBC news article "US 'no longer technology king"

Countries were judged on technological advancements in general business, the infrastructure available and the extent to which government policy creates a framework necessary for economic development and increased competitiveness.

The Networked Readiness Index, the sixth of its kind published by the World Economic Forum with Insead, the Paris-based business school, scrutinised progress in 122 economies worldwide.

Despite losing its top position, the US still maintained a strong focus on innovation, driven by one of the world's best tertiary education systems and its high degree of co-operation with industry, the report said.

The country's efficient market environment, conducive to the availability of venture capital, and the sophistication of financial markets, was also given recognition.

The Philippines ranked number 69 out of the 122 countries/states that make up said list.. Ouch! But in the light of our country's other problems - which the upcoming elections can either multiply or resolve - I can only say, hopefully someday we, too, will find our way.