update: Reading some of the news coverage on the report, I didn't originally pay too much attention to some data on patents in the report and that we are reported to be lagging there as well. While there are some longstanding arugments over whether patent data in itself is much of an indicator on 'innovation' it's one of those things that its not so great, but it's better than any other metric we have. Meaningfully measuring innovation remains one of those holy grails that eludes us for the most part. I could update a breakdown of local patent 'production' that I did quite some years ago on page 2 of this file. Would be interesting to see how it has changed I suppose.