Page 20 - NBIZ October 2021
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Since last May, when the economy began to reopen,   most innovative science and technology clusters based on
        metro Houston has recouped 221,500 of the 361,400 jobs   two main criteria: patent filings and scientific research
        lost in the early stages of the pandemic. This puts the region   publications. Houston ranked 16th among the top 100 Sci-
        well beyond the halfway point in the recovery. Houston had   ence and Technology Clusters, falling just behind London
        recouped 61.3 percent of the jobs lost in March and April   and ahead of Amsterdam, Munich, and Singapore.
        of ’20. However, Houston remains well behind the nation,   Among U.S. metros, Houston had the seventh-highest
        which has recouped 76.2 percent.                       ranking on the list, beating Seattle (#17), Chicago (#23),
                                                               and Philadelphia (#30). Houston had the highest ranking
          METRO HOUSTON RECOVERY, AS OF AUGUST ‘21             of the three Texas Metros on the list, beating both Dallas
                                                               (#65) and Austin (#88).
                                                                  The report considered five years of research and patent
                                                               filings. From '15 to '19, Houston inventors filed 1,973
                                                               international patent applications per 1 million residents,
                                                               6th most in the U.S.  During the same period, Houston
                                                               researchers published 8,679 scientific papers per 1 million
                                                               residents, 9th most in the U.S.
                                                                  The index named Tokyo the most innovative metro in
                                                               the world, accounting for 10.8 percent of international
                                                               pat ents considered in the report. By comparison, San Jose-
                                                               San Francisco, the top-ranked U.S. metro, accounted for
                                                               3.7 per cent. Houston accounted for 1.0 percent of pat ents,
                                                               Dallas for 0.49 percent and Austin for 0.35 percent.

                                                                         ’21 GLOBAL INNOVATION INDEX























           Through the first eight months of this year, the region
        has created 56,600 jobs. In a robust economy, Houston
        might create 50,000 to 60,000 jobs September through
        October. In a weak economy, 20,000 to 40,000. Given the
        impact the Delta variant is having, Houston is likely to
        finish the year in the lower range, with a net gain of 75,000
        to 100,000 jobs in ’21. That’s above the long-term range of
        60,000 to 70,000, but it would still leave the region at least
        100,000 jobs below pre-pandemic employment levels.

        HOUSTON IS NEAR THE TOP FOR GLOBAL
        INNOVATION
           Houston ranks among the top science and technology   Patrick Jankowski is the senior vice-president of research
        clusters in the world, according to a new report on global   at Greater Houston Partnership. Mr. Jankowski can be
        innovation.                                            reached via email at pjankowski@houston.org. October
           The 2021 Global Innovation Index, published by the   2021 Economy at a Glance ©2021, Greater Houston
        World Intellectual Property Organization, ranks the 100   Partnership.

        20  NBIZ  ■ October  2021
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