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EatMoreBlueberries t1_je5xtty wrote

The chart leaves off the two countries with the highest rates of R&D, Korea (4.8%) and Israel (5.4%). Both would be off the right edge of the chart. The two have followed similar tracks: rapid economic expansion with a heavy emphasis on technology. Steadily improving human development.

Both realized that they are too small to compete on economies of scale with bigger countries, but they can compete in education and high tech. I think they are the economic model to emulate.

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ApocalypseNah t1_je6gdrr wrote

It’s also a great example of development with little to no exportable natural resources. You’re not dependent on climate, or your neighbours. An R&D industry also enables startups, which leads to global companies forming that provide unique solutions you can’t get elsewhere giving you leverage on the world stage. Large companies start opening HQs in your country.

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