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?

1 comment:

Greg said...

Perhaps one avenue for spurring biotech innovation would be to enable organizations and/or individuals to more rapidly, inexpensively, and effectively visualize the global technologies landscape for any biotech area. Currently organizations that can afford the high cost to do so build strategic landscapes in secret, for competitive advantage. If countries, communities, organizations and individuals were to collaborate and jointly contribute to the landscape... opportunities, risks, and partnering synergies could be rapidly identified and perhaps be more effectively developed. As an example of a potential Open Innovation collaborative wiki-style technology landscape/scenarios environment for rendering Patents or Medline data or Clinical trails data in a technology stack or business model context, as an example for RNAi, see www.technologystrategiesnetwork.com
gnarog@ovalideas.com

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