History tells us how technological innovations have improved the quality of life for millions of people across many generations. In the last few decades, the speed at which innovations occur has significantly increased. Technologies have advanced transportation, communication, health care, energy production and space travel.
Access to energy is at the nexus of many social problems, and improving the ability of people to gain access to affordable, reliable energy could help mitigate the effects of poverty and a host of related challenges, such as access to clean water, food, healthcare, adequate housing and clean environments.
European economies dominated the ranks of the world's most innovative countries, but China was fast climbing the ladder, according to a joint study by Cornell University, Insead and the World Intellectual Property Organization (WIPO).