Canada ranks third in global biotechnology innovation

And third place goes to...

The second annual Scientific American worldVIEW survey results have been published.

The take-home message is that Canada ranked third in the world for innovative capacity – a composite score based on ratings of intellectual property, intensity, education/workforce, enterprise support and foundations.

Here are the Top 5:

1. USA = 37 points

2. Singapore = 31 points

3. Canada = 29 points

4. Sweden = 28 points

5. Denmark = 27 points

Canada scored highly on intellectual property and enterprise support but could improve its overall standing by improvements in the education/workforce and intensity categories.

The “intensity” category includes the number of public companies per capita and portion of overall R&D spending used for biotech-related activities.

Read the full details here.

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Tags: biotech, canada, innovation, John McCulloch, life sciences