Friday, May 22, 2009

Which Country Ranks Highest In Biotech Innovation?

A recent report issued by Scientific American, "Scientific American Worldview: A Global Biotechnology Perspective"ranked the countries with the highest level of biotech innovation. Medical News Today reports that "overall, the US had the highest final score, it did not come out on top for all five benchmarks: intellectual property, enterprise support, the intensity of a country's biotech activities, education/workforce, and infrastructure." The report continues, "although the US came out on top in intellectual property protections, Belgium, Canada, Denmark, France, Ireland, Italy, Japan, the Netherlands, and the UK weren't too far behind. The small country of Denmark, however, leads the world in the number of biotech patents per member of the population."

How can countries continue to spur innovation within the biotech industry?

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