Thomson Reuters releases annual list of top 100 innovators
Peer-reviewed list using advanced analytics techniques
Thomson Reuters has released its second annual report on the Top 100 Global Innovators. Where other lists are often left up to the opinions of in-house staff writers, data gathered in putting together this particular report involves outside organizations that work together to determine who makes the list / doesn’t make the list.
Specifically, the data used to determine which organizations make the list of Top 100 Innovators in the world comes from studying patent information and measuring innovation based on an unbiased, totally scientific perspective.
As the organization describes it:
“Patent activity has always been an indicator of innovation. However, innovation comprises much more than mere patent filing volume. This award acknowledges innovation in its multidimensional form. Being recognized as a Top 100 Global Innovator is a prestigious distinction. It confirms an organization’s commitment to progressing innovation globally, to the protection of ideas and to the commercialization of inventions.”
The criteria for the Thomson Reuters Top 100 Global Innovator list was primarily developed by the Reuters staff and approved by numerous leading IP-centric organizations. Among some of the key requirements for consideration:
1: Success. Measures the ratio of published applications (patents that get filed and publicly published by the patent office but aren’t fully granted just yet) to granted patents over the most recent three years.
2. Global. This measurement shows which companies place a high value on their portfolios in major world markets; that is, which companies took a keen interest in making sure that their ideas and inventions were protected. Reuters believes that this is a direct reflection of the value a company places on its intellectual property.
3. Influence. How often an invention is cited by other companies in their own inventions is an accurate way to determine the impact of an invention on the global market. Reuters and the partners involved in this study looked through the citations to each organizations’ patents over the past five years, excluding self-citations, of course.
4. Volume. Companies that are responsible for generating a larger amount of innovative produces. All companies that had 100 or more “innovative” patents from the past three years qualified for analysis. As for what qualifies an “innovative” patent, the group defines it as “the first publication in a patent document of a new technology, drug, business process, etc.”
So, needless to say, the standards are high when it comes to making the list, which is what makes being on it such an impressive feat. Before we get into who made it, here are some key findings that Reuters discovered within the analysis:
• The top 100 Innovators listed below outperformed the S&P 500 in terms of market capitalized weighted revenue by a full 3% (15% to 12% to be exact)
• Those on the list outperformed the S&P 500 in market capitalized weighted R&D spend 4% (11% to 7%)
• Publicly traded companies on the list of 100 saw a 15% increase in cumulative stock value comparing the end of 2011 to where they were in the middle of October, 2012
• Those listed on the top 100 added 124,214 new jobs, year over year
Also worth noting:
• Universities were part of the list for the first time this year: two made it on the list, both from South Korea
• Government agencies were part of the list for the first time this year: both from the USA
• There was a 133% increase in companies representing the automotive industry year over year (3 in 2011, 7 in 2012).
So, with all of this being said, Reuters’ Top 100 Innovators is listed below alphabetically, and as follows: company name, country, industry.
3M Company , USA, Chemical
Advanced Micro Devices , USA, Semiconductor & Electronic Components
Alcatel-Lucent , France, Telecommunication & Equipment
Altera *, USA, Semiconductor & Electronic Components
Analog Devices , USA, Semiconductor & Electronic Components
Apple , USA, Telecommunication & Equipment
Arkema , France, Chemical
AT&T *, USA, Telecommunication & Equipment
Avaya , USA, Telecommunication & Equipment
Boeing , USA, Aerospace
Brother Industries , Japan, Computer Hardware
Canon , Japan, Computer Hardware
Chevron , USA, Chemical
CNRS , The French National Center for Scientific Research, France, Scientific Research
Commissariat à l’Energie Atomique , France, Scientific Research
Corning , USA, Semiconductor & Electronic Components
Delphi *, USA, Automotive
Denso Corporation , Japan, Transportation Equipment
Dow Chemical Company , USA, Chemical
DuPont , USA, Chemical
Eaton Corporation , USA, Electrical Products
EMC Corporation *, USA, Computer Hardware
Emerson , USA, Machinery
Ericsson , Sweden, Telecommunication & Equipment
European Aeronautic Defence and Space Company , France, Aerospace
Exxon Mobil , USA, Petroleum
FANUC , Japan, Electrical Products
Ford *, USA, Automotive
FUJIFILM *, Japan, Machinery
Fujitsu , Japan, Computer Hardware
General Electric , USA, Consumer Products
Goodyear Tire & Rubber , USA, Industrial
Google *, USA, Media / Internet Search & Navigation Systems
Hewlett-Packard , USA, Computer Hardware
Hitachi , Japan, Computer Hardware
Honda Motor Company , Japan, Automotive
Honeywell International , USA, Electrical Products
IBM , USA, Computer Hardware
IFP Energies Nouvelles , France, Scientific Research
Intel , USA, Semiconductor & Electronic Components
Jatco *, Japan, Automotive
John Deere *, USA, Machinery
Korea Advanced Institute of Science and Technology *, S. Korea, Colleges & Universities
Korea Electronics Technology Institute *, S. Korea, Scientific Research
Korea Research Institute of Chemical Technology *, S. Korea, Scientific Research
LG Electronics , S. Korea, Consumer Products
Lockheed Martin *, USA, Transportation Equipment
L’Oréal , France, Consumer Products
LSI Corporation , USA, Semiconductor & Electronic Components
LSIS , S. Korea, Semiconductor & Electronic Components
Marvell *, USA, Semiconductor & Electronic Components
Michelin , France, Industrial
Micron , USA, Semiconductor & Electronic Components
Microsoft , USA, Computer Software
Mitsubishi Electric , Japan, Machinery
Mitsubishi Heavy Industries *, Japan, Machinery
Monsanto *, USA, Agriculture & Forestry
Motorola , USA, Telecommunication & Equipment
NEC , Japan, Computer Hardware
Nike *, USA, Consumer Products
Nippon Steel & Sumitomo Metal *, Japan, Primary Metals
Nitto Denko , Japan, Chemical
NTT , Japan, Telecommunication & Equipment
Olympus , Japan, Healthcare Products
Panasonic , Japan, Consumer Products
Pohang University of Science and Technology *, S. Korea, Colleges & Universities
Procter & Gamble , USA, Consumer Products
Qualcomm , USA, Semiconductor & Electronic Components
Raytheon , USA, Transportation Equipment
Renault *, France, Automotive
Ricoh *, Japan, Computer Hardware
Roche , Switzerland, Pharmaceuticals
Rockwell Automation , USA, Electrical Products
Saint-Gobain , France, Industrial
Samsung Electronics , S. Korea, Semiconductor & Electronic Components
SanDisk , USA, Semiconductor & Electronic Components
Sandvik , Sweden, Machinery
Scania , Sweden, Transportation Equipment
Seagate *, USA, Computer Hardware
Seiko Epson , Japan, Computer Hardware
Sharp , Japan, Semiconductor & Electronic Components
Shin-Etsu Chemical , Japan, Chemical
Siemens , Germany, Electrical Products
Snecma , France, Transportation Equipment
Solvay , Belgium, Chemical
Sony , Japan, Consumer Products
STMicroelectronics *, Switzerland, Semiconductor & Electronic Components
Symantec , USA, Computer Software
TDK *, Japan, Semiconductor & Electronic Components
TE Connectivity, Switzerland, Semiconductor & Electronic Components
Texas Instruments *, USA, Semiconductor & Electronic Components
Thales *, France, Transportation Equipment
Toshiba , Japan, Computer Hardware
Toyota Motor Corporation , Japan, Automotive
U.S. Department of the Army *, USA, U.S. Federal Government Agencies
U.S. Department of the Navy*, USA, U.S. Federal Government Agencies
United Technologies , USA, Transportation Equipment
Valeo *, France, Automotive
Xerox , USA, Computer Hardware
Xilinx *, USA, Semiconductor & Electronic Components
* Denotes companies that made the list for the first time this year.
Story via: top100innovators.com
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