Friday, April 16, 2010

Patents and R&D in Emerging Markets

Number of international patents and R&D show how the future of innovation is taking shape.

There is a strong link between the number of international patents that a country is granted and the amount that it spends on research and development. A 2007 snapshot shows this clearly, and also that America and Japan led the pack.

The size of each dot represents total spending, and their colours represent the number of patents per capita, red for higher intensity and blue for lower.

Click “play” on the bottom left to watch as the countries that spent more on R&D over the past two decades reaped the benefits by gaining progressively more patents. Then click on "Emerging markets take off" above.