Beijing prefers the relative comfort of the broader G-20 world that brings the developed and developing world under one umbrella, with the ability for the new leaders of China to seek political alignment from BRICS partners Brazil, Russia, India and South Africa.

CNN: Middle East and China forge ties over oil

But for the time being, Iceland is a world leader in developing new sources of geothermal energy, and the government is taking advantage of that head-start by inviting new power-hungry industries to its shores.

NPR: Lured by Clean Energy, Industry Heads for Iceland

In the Yankees, we have found the absolute best partner for developing a world-class sports organization and a winning team that will carry the New York City Football Club name with pride.

WSJ: Major League Soccer: New York Yankees, Manchester City to Own MLS Team

For decades, Intel has led the world in developing new technologies.

WHITEHOUSE: Weekly Address: Winning the Future at Intel

For instance, a new diagnostic test for tuberculosis is about to become more affordable and accessible in the developing world, causing diagnostics to leapfrog more than a century.

FORBES: Deborah Derrick on How to Fight AIDS, Tuberculosis, and Malaria

Developing the world's smallest movie is not entirely new ground for IBM.

ENGADGET: Extreme closeup! IBM makes 'world's smallest movie' using atoms (video)

O3b this year will launch special satellites that would broadcast signals to power new networks operated by telecom companies for remote areas of developing countries around the world.

WSJ: Google to Fund, Develop Wireless Networks in Emerging Markets

IBM, in an experiment on cloud computing, developed a technology called the Spoken Web which allows people to create and navigate websites by voice, opening up a whole new world of opportunities for the vast number of illiterate people in India, and other developing countries.

FORBES: Indian Need Drives Global Innovation For IBM