Netherlands ranks above entire G7 in tech competitiveness, study finds

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The story "Netherlands ranks above entire G7 in tech competitiveness, study finds" was covered 1 days ago by The Next Web, a news publisher based in Netherlands.

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The Next Web 1d ago

Netherlands ranks above entire G7 in tech competitiveness, study finds - The Next Web

Quick Summary:

The Netherlands has ranked 10th in a global index of tech competitiveness, ahead of the entire G7 group of the world’s largest so-called "advanced” economies.

The country was praised for its thriving digital economy, mature biotech and semiconductor industries, and strong digital skills underpinned by "engineering excellence.” London-based Centre for Economics and Business Research (CEBR) and consultancy SThree produced the index, which ranks 35 countries based on economic indicators such as level of high-tech exports, number of software developers, and patent filings related to AI. Several European countries joined the Netherlands near the top of the rankings.

A recent report discovered a “worrying” decline in startups from the country, while founders have warned that burdensome regulation and insufficient government support are stunting the sector’s progress.