After reading the news that according to Bloomberg, the US has dropped out of the top 10 innovative economies, I decided to dig a little deeper. I had a feeling that the Bloomberg Index, which based its rankings on only 7 measures, was missing a bit of the picture. The Global Innovation Index seems to present a more complete view of innovation, as it includes many important additional measures such as political stability, infrastructure development, rule of law, business environment, and infrastructure. You can find an explanation of the criteria as well as individual country profiles in the appendices. So without further ado, here are the Top 50 from the 2017 Global Innovation Index (you can find past versions as well, starting from 2007).
If you go to the website, you can see the rankings based on specific criteria, such as R&D spending (Israel is 1st in that).