Biotechnology Innovation Scorecard
Policy and Stability

Biotechnology Innovation Score Summary

The top-ranked countries in Policy and Stability are Singapore, Australia, Austria, Canada, Denmark, Finland, Hong Kong, Luxembourg, the Netherlands, New Zealand, Norway, Sweden, and Switzerland.

Moving beyond hard measures of research output or IP protection which provide a robust overview of how favorable an innovation environment a country may present, it is also important to consider factors in policy and overall stability. After all, weak enforcement of laws, or political stability, can trump the other measures.

The chart below shows the country scores for Policy and Stability, ordered by rank and alphabetically by country name. Scroll down to the Policy and Stability metrics for highlights of top performers in each metric.

Policy and Stability

Metric Highlights

Scores in these individual metrics are averaged to produce the overall category score shown above

Political stability and absence of violence/terrorism

The top-ranked countries in Political stability and absence of violence/terrorism are Luxembourg, New Zealand, Australia, Austria, Canada, Finland, Hong Kong, Iceland, Norway, Singapore, and Switzerland.

Government effectiveness

The top-ranked countries in Government effectiveness are Singapore, Switzerland, and Finland.

Regulatory quality

The top-ranked countries in Regulatory quality are Singapore, Australia, Canada, Finland, Hong Kong, New Zealand, and the United Kingdom.

Rule of law

The top-ranked countries in Rule of law are Denmark, Finland, the Netherlands, New Zealand, Norway, Sweden, and Switzerland.

Copyright © 2023 thinkBiotech LLC. Source data from Scientific American Worldview