Intelligence Capital Index (Apr 2017)
Kai L. Chan, PhD
EXPERT OPINION
Finally,
little regard
has from
traditionally
been bestowed
the
to attract
talent. Cities
such
distributions
in academic
performance,
intelligence on
(CQ)
and ability
social of nations
is
what separates
humans
robots cultural
London,
Hong
and Singapore
are magnets for bright
and ambitious
people.
So left
this implies
a left-tail that
is being
networks,
etc. Notwithstanding
– as it New
is the York,
key that
unlocks Paris,
the power
of Kong
far
behind.
Likewise,
although
the
USA
that,
smarts
is
what
will
propel
the
education.
even in the absence of a good domestic pipeline for talent, these cities (and thus their respective
has
by
far
the
highest
number
of
elite
knowledge
economy,
so
countries
that
Finally,
little
regard
has
traditionally
countries) are able to foster a climate generates knowledge and innovation.
universities, it ranks just 22nd in terms
been bestowed on the ability of nations perform well in intelligence capital will
of share will
of national
universities
Economies
are Cities
highly
complex
many different
skills. Not everyone
be or should
be a in the
be best prepared
for the knowledge
to
attract talent.
such
as New and require
global
top
500;
i.e.
most
Americans
revolution
embodied
in
the
rise
of
York,
London,
Paris,
Hong
Kong
and
STEM graduate or pursue university education. But brains are indeed needed for economies that are
not have access to globally leading
Data, cloud computing, artificial
Singapore are magnets for bright
growing evermore complex. The ICI Big
is focused
on human capital with an do
emphasis
on “smarts”. But it is
tertiary education.
intelligence, etc.
and ambitious people. So even in the
just
one
dimension
of
human
capital,
which
should
also
include
emotional
intelligence
(EQ), cultural
The Knowledge Revolution upon us
absence of a good domestic pipeline
intelligence
(CQ)
and
social
networks,
Notwithstanding
that, smarts RESULTS
is what will
propel
the
(INDEX
LIST)
will etc.
stress
unskilled labour markets
for
talent, these
cities
(and
thus their
Table
2
below
lists
the
standing
of 128
as
many
of
these
jobs
will
be
lost
to
respective
countries)
are
able
to
foster
knowledge economy, so countries that perform well in intelligence capital will be best prepared
for the
countries
according
to
the
ICI.
Columns
automation.
At
the
same
time,
the
a knowledge
climate that revolution
generates knowledge
embodied in the rise of Big Data, cloud computing, artificial intelligence, etc.
1 and 2 in Table 2 are the ICI ranks and
rewards to knowledge have and will
and innovation.
The Knowledge
Revolution
upon us continue
will stress
unskilled
labour
markets as
many
jobs economies.
will be lost
scores
of of
the these
assessed
The
to grow.
This will
further
Economies
are highly
complex and
third
column
(Grade)
is
a
letter
grade
exacerbate
inequality
and
social
require
many
different
skills.
Not
to automation. At the same time, the rewards to knowledge have and will continue to grow. This will
designed
to be political
akin to a division.
school grade
divides,
and potentially
generate generate
even
everyone
will be or should
be a
further exacerbate
inequality
and social
divides,
and potentially
even more
ranging from A (best) to D (worst) with
more political division. Policy makers
STEM graduate or pursue university
Policy makers embracing the Knowledge
Revolution will need to ensure inclusive
growth.
“+” and “-“ notches within each letter
embracing the Knowledge Revolution
education. But brains are indeed
th
grade.
Columns
through
10 are the
will need to
ensure
growth.
needed
that are the
growing
Herein, for it economies
is worth noting
gaps between
elite
and inclusive
average.
For example,
India
ranks 5 76
on average
ranks
for
the
6
aspects
of
the ICI.
Herein,
it
is
worth
noting
the
gaps
evermore
complex.
The
ICI
is
focused
but 51 st on elite skills. Given the symmetric/normal nature of distributions in academic performance,
between elite and average. For
on human capital with an emphasis on
this implies
is being left
far behind.
Likewise,
although
example,
India ranks
76th on
average the USA has by far the highest
“smarts”.
But it a is left-tail
just one that
dimension
number
of elite which
universities,
it ranks skills
just but
22 nd 51st
in terms
share
of national universities in the global top
on elite of
skills.
Given
of
human capital,
should also
the
symmetric/normal
nature
of
include
emotional
intelligence
(EQ),
500; i.e. most Americans do not have access to globally leading tertiary education.
Table 2: Full results of Intelligence Capital Index
RANK SCORE GRADE
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17 74.88
64.19
64.18
63.96
63.60
61.58
61.57
61.15
60.45
60.25
58.91
58.74
58.73
58.66
57.33
56.69
56.35 A+
A
A
A
A
A
A
A
A
A
A-
A-
A-
A-
A-
A-
A-
RANK SCORE GRADE
18
19
20
21
22 54.98
53.78
53.58
52.01
51.79 B+
B+
B+
B+
B+
COUNTRY
USA
UK
Germany
Australia
Singapore
Sweden
Switzerland
Canada
Finland
Denmark
Japan
Netherlands
Belgium
Austria
New Zealand
France
Korea
COUNTRY
Norway
Luxembourg
Ireland
Iceland
Czech Republic
QUANTITY QUALITY AVG SKILLS
1
22
19
2
15
21
27
12
14
5
33
9
24
31
4
28
6 1
2
3
15
52
6
5
7
23
9
13
11
18
8
27
4
30 35
8
12
7
2
36
22
19
15
21
3
14
6
9
11
20
5
QUANTITY QUALITY AVG SKILLS
10
56
11
7
26 10
12
22
17
31 37
32
23
38
17
Kai L. Chan, PhD
Distinguished Fellow, INSEAD
ELITE
SKILLS CREAT-
IVITY ATTRACT
ELITE
SKILLS CREAT-
IVITY ATTRACT
24
3
10
1
2
14
20
5
9
15
6
17
4
13
7
30
12
26
25
28
37
16
3
16
7
17
12
1
6
18
2
9
5
15
20
10
22
14
4
19
30
21
13
23
7
11
9
4
2
10
3
5
19
12
28
8
17
13
14
15
38
16
1
18
23
26
supported by EUROBAK
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