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The 2021 rankings reflect a world where the fight against Covid-19 has brought innovation to the fore –- from government efforts to contain the pandemic, to the digital infrastructure that’s allowed economies to work through it, and the race to develop vaccines that can end it.
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“In the year of Covid and facing the urgency of climate change, the importance of innovation fundamentals only increases,” said Catherine Mann, global chief economist at Citigroup Inc. “Innovation is often measured by new ideas, new products and new services,” she said, but it’s their “diffusion and adoption” that is the real metric of success.
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