By US Daily Review Staff.
Thomson Reuters announced the world’s 100 most innovative organizations today with the launch of the Thomson Reuters 2011 Top 100 Global Innovator(SM) 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. More information is available at top100innovators.com.
“Innovation is a means of growth and prosperity for companies and nations seeking to overcome sluggish economies and achieve competitive advantage,” said David Brown, president of the IP Solutions business of Thomson Reuters. “The Thomson Reuters 2011 Top 100 Global Innovator program recognizes those organizations that lead the world in innovation, the protection and commercialization of inventions, and influence on future technologies. We salute these companies and their leaders for the innovative spirit they foster and their commitment to protecting intellectual assets.”
The Thomson Reuters 2011 Top 100 Global Innovator companies are, in alphabetical order:
|Advanced Micro Devices, Inc.|
|Analog Devices, Inc.|
|Applied Materials, Inc.|
|Bristol-Myers Squibb Company|
|Brother Industries, Ltd.|
|Cheil Industries, Inc.|
|Chevron U.S.A., Inc.|
|CNRS, The French National Center for Scientific Research|
|Commissariat a l’Energie Atomique|
|Daikin Industries, Ltd.|
|Dow Chemical Company|
|Exxon Mobil Corporation|
|General Electric Company|
|Goodyear Tire & Rubber Company|
|Hamilton Sundstrand Corporation|
|Hoffmann La Roche|
|Honda Motor Company, Ltd.|
|Honeywell International, Inc.|
|IFP Energies Nouvelles|
|International Business Machines Corporation|
|Japan Aviation Electronics Industry, Ltd.|
|Konami Digital Entertainment Co., Ltd.|
|LG Electronics, Inc.|
|LS Industrial Systems|
|Mitsubishi Electric Corporation|
|Murata Manufacturing Co., Ltd.|
|Nippon Telegraph and Telephone Corporation|
|Nitto Denko Corporation|
|Procter & Gamble Company|
|Rockwell Automation, Inc.|
|Rohm and Haas Company|
|Royal Dutch Shell|
|Samsung Electronics Co., Ltd.|
|Sandvik Intellectual Property AB|
|Seiko Epson Corporation|
|Semiconductor Energy Laboratory Co., Ltd.|
|Shin-Etsu Chemical Co., Ltd.|
|Societe De Technologie Michelin|
|Sumitomo Electric Industries, Ltd.|
|Sumitomo Rubber Industries, Ltd.|
|Toyota Motor Corporation|
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, three percent 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 Innovatororganizations are a significant indicator of the impact innovation can have on driving economic growth,” said Mr. Brown. Additionally, the 2011 Top 100 Global Innovator organizations had a 12.9 percent 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 percent.
Thomson Reuters 2011 Top 100 Global Innovator companies are geographically dispersed. Forty percent of them are from the U.S., 31 percent are from Asia, and 29 percent are from Europe. Asia’s representation is split between Japan and South Korea, with 27 percent from the former and four percent from the latter. Europe’s representation is divided between France (11 percent), Germany (four percent), the Netherlands (four percent), the Principality of Lichtenstein (one percent), Sweden (six percent), and Switzerland (three percent). 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.
The Thomson Reuters 2011 Top 100 Global Innovator 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, the single source for turning financial information into action.
To view the full report on the Thomson Reuters Top 100 Global Innovator program, go to www.top100innovators.com.