Updated on 22 June 2012
The annual survey involved analysis of 65 countries which then ranked only the Top 50. Each country received a score in six categories — intellectual property, enterprise support, intensity, education/workforce, foundations and political stability. The overall innovation scores represents a simple sum of the category averages, normalized to a scale of 0-50.
According to the magazine's editors, the scorecard gives equal importance to a business-friendly environment, public biotechnology companies per capita, PhD graduates in life sciences per capita, etc.