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Thomson Reuters publishes list of top global innovators

Wed, 11/16/2011 - 8:03am
R&D Editors
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.

Thomson Reuters' full report

More coverage at the Sacramento Bee

SOURCE

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

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