This week, Thomson Reuters
announced the world’s 100 most innovative organizations. The U.S.
continues to lead this list with a large share of innovators, and Asia
and Europe place second and third, respectively. However, China is not
yet ranked because of its practices regarding protecting IP and
commercializing products globally.
The list is the result of the launch of the Thomson Reuters 2011 Top 100 Global Innovator
program, an initiative that analyzes patent data and related metrics in
a proprietary methodology to identify the companies and institutions
that lead the world in innovation activity.
“Innovation
is a means of growth and prosperity for companies and nations seeking
to overcome sluggish economies and achieve competitive advantage,” says David Brown, president of the IP Solutions business of Thomson Reuters.
A comparison of market data for 2011 Top 100 Global Innovator companies
(of those that report such figures) shows they added more than 400,000
new jobs in 2010 over 2009, 3% more than the prior year and greater than
the percentage increase in growth experienced by the S&P 500 for the same period.
“The jobs created by the Top 100 Global Innovator organizations are a significant indicator of the impact innovation can have on driving economic growth,” says Brown.
Additionally, the 2011 Top 100 Global Innovator organizations had a 12.9% increase in market cap weighted average revenue over the prior year, whereas the S&P 500 market cap weighted average revenue grew by just 7.2%.
Ranked companies are geographically dispersed. Forty percent of them are from the U.S., 31% are from Asia, and 29% are from Europe. Asia’s representation is split between Japan and South Korea, with 27% from the former and 4% from the latter. Europe’s representation is divided between France (11%), Germany (4%), the Netherlands (4%), the Principality of Lichtenstein (1%), Sweden (6%), and Switzerland (3%). France is the European leader in innovation. Despite China’s
lead in patent application filing volume, it is absent from the top 100
list as global influence and application to grant ratios are important
aspects of the methodology.
Thomson Reuter’s ranking methodology
is based on four principle criteria: patent approval success rate,
global reach of patent portfolio, patent influence in literature
citations and overall patent volume. The peer-reviewed methodology was
executed using the Thomson Reuters Derwent World Patents Index (DWPI), Derwent Patents Citations Index, Quadrilateral Patent Index, and Thomson Innovation, the IP and intelligence collaboration platform. Comparative financial analysis was done using the Thomson Reuters Eikon platform.
More coverage at the Sacramento Bee
The Thomson Reuters 2011 Top 100 Global Innovator companies are, in alphabetical order:
3M Company
ABB, Ltd.
Advanced Micro Devices, Inc.
Airbus
Alcatel-Lucent
Alcon, Inc.
Alfa Laval
Analog Devices, Inc.
Apple, Inc.
Applied Materials, Inc.
Arkema
ASML
Atlas Copco
Avaya, Inc.
BASF
Bayer
Boeing
Bristol-Myers Squibb Company
Brother Industries, Ltd.
Canon, Inc.
Cheil Industries, Inc.
Chevron U.S.A., Inc.
CNRS, The French National Center for Scientific Research
Commissariat a l’Energie Atomique
Corning Incorporated
Daikin Industries, Ltd.
Denso Corporation
Dow Chemical Company
DuPont
Eaton Corporation
Ericsson
Ethicon, Inc.
Exxon Mobil Corporation
Fanuc, Ltd.
Fujitsu Limited
General Electric Company
Goodyear Tire & Rubber Company
Hamilton Sundstrand Corporation
Harris Corporation
Hewlett-Packard Company
Hilti Corporation
Hitachi, Ltd.
Hoffmann La Roche
Honda Motor Company, Ltd.
Honeywell International, Inc.
IFP Energies Nouvelles
Intel Corporation
International Business Machines Corporation
Japan Aviation Electronics Industry, Ltd.
Konami Digital Entertainment Co., Ltd.
LG Electronics, Inc.
L’Oreal
LS Industrial Systems
LSI Corporation
Microsoft Corporation
Mitsubishi Electric Corporation
Motorola, Inc.
Murata Manufacturing Co., Ltd.
NCR Corporation
NEC Corporation
Nippon Telegraph and Telephone Corporation
Nitto Denko Corporation
Olympus Optical
Panasonic Corporation
Philips
Procter & Gamble Company
Qualcomm Incorporated
Raytheon Company
Rhodia Operations
Rockwell Automation, Inc.
Rohm and Haas Company
Rosemount, Inc.
Royal Dutch Shell
Saint-Gobain
Samsung Electronics Co., Ltd.
SanDisk Corporation
Sandvik Intellectual Property AB
Scania
Seiko Epson Corporation
Semiconductor Energy Laboratory Co., Ltd.
Sharp Corporation
Shin-Etsu Chemical Co., Ltd.
Siemens
Snecma
Societe De Technologie Michelin
Sony Corporation
Sumitomo Electric Industries, Ltd.
Sumitomo Rubber Industries, Ltd.
Symantec Corporation
Synopsys, Inc.
TE Connectivity
Tetra Laval
Toshiba Corporation
Toyota Motor Corporation
Unilever
UOP
Volvo
Wacker Chemie
Xerox Corporation
Yamaha Corporation
