Innovation

The most innovative country in the world takes top spot again

Solar panels are seen on the roofs of residential houses in Qingnan village of Lianyungang, Jiangsu province January 8, 2014. Beijing's goal of tripling solar power from small-scale operations such as rooftop panels looks overly ambitious, risking disappointment for investors who have bid up shares in Chinese solar panel makers in the past year. China has a target of installing 14.5 gigawatts (GW) of solar generating capacity this year - close to Finland's entire power capacity. But unless China promises bigger subsidies and financing support, and streamlines the process of acquiring rooftop rights, companies say the rooftop installations just aren't worth it. Picture taken January 8, 2014. To match story CHINA-SOLAR/                   REUTERS/Stringer (CHINA - Tags: BUSINESS ENERGY POLITICS) FOR BEST QUALITY IMAGE ALSO SEE: GF2EA5K084601 - RTR3FSRN

“In these economies, firms must design and develop cutting-edge products." Image: REUTERS/Stringer

Rachel Hallett
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