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Strength of correlation (R squared): 0.540 (this correlation is weak)
Outliers:
Korea, South,
Japan
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X Axis |
Y Axis |
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| Variable: |
Economy > Business spending in research and development |
Economy > Patents granted |
| Plot Display: |
Linear |
Logarithmic (base 10) |
| Definition: |
Business R&D spending as % of GDP (1999). |
Patents granted to residents per million people 1998. |
| Source: |
OECD |
WIPO (World Intellectual Property Organization). 2001. Intellectual Property Statistics. Publication A. Geneva |
| Correlations: |
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