Similar Stories to China And South Korea Will Displace The West As The World’s Innovation Leaders By 2029 on Bing News

the United States takes action now to improve its innovation and commercialisation processes, it will lose its leading position by all measures of innovation by 2029, the authors of a new report have claimed. The outlook is similarly gloomy for the EU and the UK, with the study predicting that East Asian countries – mainly China and South Korea – are set to race past their western counterparts in patent grant numbers, patent quality growth, and return on R&D spend, among other metrics.

Topics:  united states   eu   uk   east asian   china   south korea   r&d   center   advancing innovation cai    patsnap   innovation arms race   west   report   patent   
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