“Australia is in the top five for nine technologies, followed closely by Italy (seven technologies), Iran (six), Japan (four) and Canada (four)," read part of the ASPI's report.
It said that Russia, Singapore, Saudi Arabia, France, Malaysia and the Netherlands are in the top five for one or two technologies.
The report said that the global race to be the next most important technological powerhouse is a close one between the UK and India, both of which claim a place in the top five countries in 29 of the 44 technologies.
The ASPI said South Korea and Germany were follow closely behind the UK and India, appearing in the top five countries in 20 and 17 technologies, respectively.
It said that a number of other countries, including Spain and Turkey, regularly make the top 10 countries but aren’t in the top five.
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