Tuesday, July 15, 2008

Provincial Entrepreneurship

Interesting statistics from the Telegram. I'm shocked moreso that they have an interesting story, as opposed to the nature of the statistics:
Newfoundland and Labrador also ranked last in patents granted, with 0.004 awarded per 1,000 people in 2005. By contrast, No. 1 ranking Idaho had 1,086 patents granted per 1,000 people.

Admittedly, there is some difference between the American and Canadian patent systems. Still. That's a truly massive differential. The ranking involves all Canadian provinces and American states - the rest of the world doesn't show up here. Further:
In the per-capita capital venture investment category, based on 2005 numbers, the province was listed close to the bottom of the pack, and lowest among the provinces, with an average investment of 39 cents per person. Meanwhile, the Massachusetts rate was $379.39 per person, while Quebec - the highest ranking province - has a per-capita investment of $93.43.

The study costs five bucks, if you're so inclined.

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