Hong Kong Update
 Hong Kong Economic and Trade Office - Canada  

Summer 2009 Issue_

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Hong Kong 6th in global innovation
A ranking of international innovation has Hong Kong in the 6th place, surpassing the United States and Canada in the overall ranking of 110 countries and places, according to a recent New Global Innovation Index study compiled by Boston Consulting Group.

The index is part of a broad research study that looked at both the business outcomes of innovation and government's ability to encourage and support innovation through public policy. A host of new policy indicators for innovation are weighed, including tax incentives and policies for immigration, education and intellectual property.

The study measured both innovation inputs and outputs. The former included government and fiscal policy, education policy and the innovation environment. The latter included patents, technology transfer, and other R&D results.


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