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2014.12.01.I author: European Association of Development Agencies -

Thomson Reuters 2014 Top 100 Global Innovators

The fourth-annual Thomson Reuters Top 100 Global Innovators report showcases the 100 most innovative organizations around the world in 2014. It highlights changes in list representation, industry-wise and geographically, as well as from a time-trend standpoint.

Thomson Reuters identified the companies that have embraced innovation as a growth strategy through the discovery, protection and commercialization of inventions with its fourth annual Top 100 Global Innovators study. This program identifies the world’s most innovative organizations through a series of proprietary patent-based metrics including overall innovation (patent) activity, success rate, globalization and influence.

 

Key findings:

"For the first time since the inception of the Thomson Reuters Top 100 Global Innovators, Asia surpasses North America and takes the lead in the global innovation landscape. Japan’s representation on this year’s list jumped by 39 percent over 2013, increasing from 28 to 39 organizations in just 12 months. Equally impressive is the fact that mainland China achieved its inaugural spot on the 2014 list, and both S. Korea and Taiwan increased representation. Conversely, the U.S. and France both dropped in their standings, from 45 to 35 and 12 to seven, respectively.

Japan’s jump and the rise of Asia are reflective of the focused innovation strategies in these countries and the percentages of GDP spent on
R&D, which is higher for S. Korea and Japan, at 3.6 percent and 3.4 percent, respectively, than the 2.8 percent in the U.S.2 Additionally, China
extended its R&D tax credit to all firms working in key areas of technology (biotechnology, information and communication technologies,
and other high-technology fields), even for firms outside the specially designated new technology areas.

The collective impact of these factors is that, also for the first time since inception, the Thomson Reuters Top 100 Global Innovators
outperform both the S&P 500 and NASDAQ for various metrics studied. In year over year market cap weighted revenue growth, the Top
100 outdo the S&P 500 by 84 percent. And, in terms of R&D spend, the Top 100 invest double its NASDAQ counterparts. Innovation and the protection of inventions through patent rights is germane to economic success. This program demonstrates that a scientific, objective analysis of patent information provides a unique view into organizations with increased economic potential."

 

Get your free copy of the report by clicking here (registration required).


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