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Title: Chinese Cluster Now World's Top Innovation Hotspot, UN Says

Link: https://slashdot.org/story/25/09/02/0837225/c...

Shenzhen-Hong Kong-Guangzhou has overtaken Tokyo-Yokohama to become the
world's top cluster for innovation, the United Nations said Monday. From a
report: The UN's World Intellectual Property Organization (WIPO) said the
Chinese cluster had leapfrogged its Japanese rival in its 2025 Global
Innovation Index. The change at the top of the world's 100 leading innovation
clusters was down to WIPO broadening the criteria to include venture capital
investments to formulate the annual rankings. The UN agency dealing with
patenting and innovation previously only used patent filing and scientific
publishing data to identify local concentrations of world-leading innovation
activity. "Venture capital investment activity helps capture how scientific
and technological knowledge translates into start-up creation and,
ultimately, new goods and services in the marketplace," WIPO said. The agency
said Shenzhen-Hong Kong-Guangzhou and Tokyo-Yokohama "make a massive
contribution to global scientific publications and patenting outputs",
together accounting for nearly one in five patent applications filed
globally.

Read more of this story at Slashdot.

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