US Leads the Way in Biotech Innovation

April 23, 2013 By IdeaConnection

600px-HeatmapScientific American has released its 5th annual Worldview Report and Scorecard at the BIO International Convention in Boston.  The survey is a comprehensive country-by-country analysis of biotechnology and honors the world’s top performers.

Heading up the list as the most innovative country is the U.S., but only just as a five-point spread separated the top five: the United States, Denmark, Singapore, Finland and Sweden.

Evaluations are based on IP, enterprise support, education/workforce, intensity, foundations, and policy and stability.

 

This year, Scientific American has expanded its list to include 54 countries.  In 2009, the scorecard’s first year, 34 countries were analyzed.

Comprehensive Report

The scorecard provides insights into various nations’ strengths in categories such as, education and intellectual property protection, and what they still need to do to boost their biotech innovation.

The report also zeroes in on a few other areas.  There are features exploring how biotech industry leaders are trying to stop world hunger, and a series of country spotlights that look at different biotech stories from around the world.  This includes a collaboration between Costa Rica and Spain.

Evolution of Biotechnology

According to many industry insiders, biotechnology is still in its infancy, with much room for evolution and growth. The purpose of Worldview is to provide an accurate contemporaneous picture of global biotech innovation.

“As we gather more information over time, this tool proves increasingly valuable for companies assessing locations for expansion and countries evaluating their strengths and weaknesses in biotech innovation,” said Mike May, editorial director for Scientific American Worldview.

The five countries at the foot of the list were: Argentina, India, Philippines, Ukraine and Indonesia.

To find out more click here.


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