Canada ranks third in global biotechnology innovation
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.