BioGrowth Economy
Germany, Japan, and France lead the BioGrowth economy, highlighting the clear link with patent innovation in this field. India ranks 15th and is the best performing middle-income country, driven by a high level of industry strength. Japan, India, and Turkey perform very well in trend-specific pillars, suggesting a healthy potential to innovate in biomaterials, plant science and synthetic biology. It is interesting to note that middle-income countries perform on average better in the BioGrowth trend than in other transformational trends, as governments see the opportunity to use their flourishing agricultural sectors to spur innovation in high-tech areas. The Middle East & North Africa lag other regions in this trend.
Rank | Country | Score/100 |
---|---|---|
1st
|
77.60 | |
2nd
|
76.46 | |
3rd
|
76.40 | |
4th
|
75.61 | |
5th
|
75.46 | |
6th
|
74.79 | |
7th
|
74.35 | |
8th
|
74.34 | |
9th
|
73.85 | |
10th
|
73.65 |
Top 5 | Sectors most likely to benefit from BioGrowth Economy | % of respondents |
---|---|---|
1st
|
Advanced Materials & Biotechnology
|
32% |
2nd
|
Chemicals / Petrochemicals
|
26% |
3rd
|
Energy, Utilities & Technologies
|
21% |
4th
|
Consumer Goods
|
21% |
5th
|
Travel & Tourism
|
20% |