12 Most Advanced Countries in Science

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In this article, we take a look at the 12 most advanced countries in science. You can skip our detailed analysis of scientific progress, the consequent technological benefits and 21st century scientific trends, and go directly to 5 Most Advanced Countries in Science

Science is the greatest tool required to solve some of the biggest problems humanity faces. Recently, the US Department of Energy announced a breakthrough in fusion energy. It was a net-gain in the energy output compared to the input energy that was used to heat the fuel source. 

The breakthrough is likely to result in increasing investment in fusion energy, accelerating further understanding and if the engineering and economic challenges are not great enough, it might lead to an effective fusion power plant by 2030

Economics of Science

Progress in pure sciences results in the increase in technological output. For instance, the rocket equation, Kepler’s three laws of planetary motion and Newton’s laws of motion and gravitation together make space travel possible. Engineers use these laws for calculations relating to rocket design, its orbital mechanics and trajectory corrections.

Technological growth, on the other hand, leads to greater economic output. In this sense, pure science is indirectly correlated to economic growth. 

In fact, it has been shown that correlation coefficient for Total-Factor-Productivity (TFP) and long-term economic growth in advanced economies is a strong 0.60, with technological output being one of the three main factors in TFP. 

Scientific Infrastructure 

Scientific research used to be limited to academia. However, as societies have become more complex, the infrastructure for scientific R&D has also evolved, incorporating non-academic government institutes and private/public corporations as well. 

This is especially true in research surrounding AI. While research in the field is dominated by academia, corporate research comprises a meaningful 19.2% of the total AI papers published globally. In China and the EU, the second major share in AI-research comes from non-academic governmental institutes, at 15.6% and 17.2%, respectively. 

Scientific Trends, and Corporations/Institutes Dominating Them 

Going by the papers published by academic institutes and corporations, AI and biotechnology are the fastest growing scientific fields in the world. On Academic front, Harvard University, Stanford University and Massachusetts Institute of Technology (MIT) dominate research in the US, with fractional-counts of 70.67, 39.85 and 37.69, respectively, in papers published in the Nature journal in 2018.