Denmark is now regarded as the world leader in technological innovation and application, with its Nordic neighbours Sweden, Finland and Norway claiming second, fourth and 10th place respectively, writes BBC News.

“Denmark, in particular, has benefited from very effective government e-leadership, reflected in early liberalization of the telecommunications sector, a first-rate regulatory framework and large availability of e-government services,” said Irene Mia, Senior Economist at the World Economic Forum.

Denmark went from third to a top ranking in the Global Information Technology Report 2006-2007’s “Networked Readiness Index”, as a culmination of an upward trend since 2003. Sweden improved from eight to a second place. 

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 economics worldwide.

European countries to make the top 20 include Switzerland in fifth, the Netherlands, one of the most improved in sixth, the UK (nine), Germany (16), Austria (17) and Estonia (20). Former leader, the United States fell 6 places to 7th position.

More information at World Economic Forum