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Thomson Reuters Names the World's Top 100 Most Innovative Organizations for 2012


News provided by

Thomson Reuters

04 Dec, 2012, 09:04 GMT

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- Top 100 organizations outperform the S&P 500 by 3 percent in market cap weighted revenue and add nearly 125,000 jobs

PHILADELPHIA, Dec. 4, 2012 /PRNewswire/ -- The IP & Science business of Thomson Reuters, the world's leading provider of intelligent information for businesses and professionals, today announced its 2012 Top 100 Global Innovators list, honoring 100 corporations and institutions around the world that are at the heart of innovation as measured by a series of proprietary patent-related metrics. The full report is available at http://www.top100innovators.com.

Financial analysis of the acknowledged companies gives credence to their significance in that these organizations outperformed the S&P 500 by three percent in their market cap weighted revenue (15 percent versus 12 percent). This year's winners also added 124,214 new jobs over their prior year employment figures.

"Innovation is the foundation for economic prosperity and technological advancement," said David Brown, managing director, Thomson Reuters IP Solutions. "Our Top 100 Global Innovator methodology demonstrates the insight that can be gleaned from the analysis of patent data and confirms the fact that companies focused on innovating drive growth and financial success."

The Thomson Reuters 2012 Top 100 Global Innovators, in alphabetical order, are:


3M Company

Eaton Corporation

Advanced Micro Devices

EMC Corporation

Alcatel-Lucent

Emerson

Altera

Ericsson

Analog Devices

European Aeronautic Defence and Space Company

Apple

Exxon Mobil

Arkema

FANUC

AT&T

Ford

Avaya

FUJIFILM

Boeing

Fujitsu

Brother Industries

General Electric

Canon

Goodyear Tire & Rubber

Chevron

Google

CNRS, The French National Center for Scientific Research

Hewlett-Packard

Commissariat a l'Energie Atomique

Hitachi

Corning

Honda Motor Company

Delphi

Honeywell International

Denso Corporation

IBM

Dow Chemical Company

IFP Energies Nouvelles

DuPont

Intel



Jatco

Ricoh

John Deere

Roche

Korea Advanced Institute of Science and Technology

Rockwell Automation

Korea Electronics Technology Institute

Saint-Gobain

Korea Research Institute of Chemical Technology

Samsung Electronics

LG Electronics

SanDisk

Lockheed Martin

Sandvik

L'Oreal

Scania

LSI Corporation

Seagate

LSIS

Seiko Epson

Marvell

Sharp

Michelin

Shin-Etsu Chemical

Micron

Siemens

Microsoft

Snecma

Mitsubishi Electric

Solvay

Mitsubishi Heavy Industries

Sony

Monsanto

STMicroelectronics

Motorola

Symantec

NEC

TDK

Nike

TE Connectivity

Nippon Steel & Sumitomo Metal

Texas Instruments

Nitto Denko

Thales

NTT

Toshiba

Olympus

Toyota Motor Corporation

Panasonic

U.S. Department of the Army

Pohang University of Science and Technology

U.S. Department of the Navy

Procter & Gamble

United Technologies

Qualcomm

Valeo

Raytheon

Xerox

Renault

Xilinx

Academic Institutions & Government Entities
For the first time, academic institutions and government entities made the list. The two 2012 university recipients are both from South Korea: Pohang University of Science and Technology and Korea Advanced Institute of Science and Technology. "The addition of South Korean academic institutions confirms the role government can play in encouraging innovation, as well as the longer-term potential for corporations and academia to collaborate in bringing new ideas to fruition," said Mr. Brown.

The two government entities that made the list are from the U.S.: the Departments of the Army and the Navy, respectively. Research shows that the U.S. government has invested heavily in innovation, especially as related to matters of national security.

Molecule-Based vs. Technology-Based
The Top 100 methodology, by virtue of its criteria, favors fast-moving, hyper-competitive industries such as computer hardware and semiconductors, where product lifecycles are short and advancements in technology are demanded by users. These technology-based industries grew by 18 percent and 29 percent, respectively. "That is not to say, however, that other industries are not also innovating," said Mr. Brown. "R&D spend in pharmaceutical/chemical-focused industries is among the top in the world. Many organizations in these sectors are extremely innovative, yet they adhere to a different innovation model."

Global Distribution
The U.S. continues to lead in the number of organizations it has on the list, with 47 this year. Asia has the next highest, with 32, comprising 25 from Japan and 7 from South Korea. There was a 75 percent increase in representation from South Korea over the prior year; the new entrants included two from academia and two scientific research centers. Europe has 21 honorees, with the largest representation coming from France (13). Year over year there are a larger number of recipients from the U.S. and Asia, and fewer from Europe.

Industry Breakout
The semiconductor and electrical components industry continued to lead in 2012, with 18 representative companies, 29 percent more than in 2011. Computer hardware was the next most prolific industry, with 13 companies in this category. Other notable changes include a 133 percent increase in representation by the automotive industry (from three awardees in 2011 to seven in 2012) and a 40 percent increase in representation from transportation equipment manufacturing.

Methodology
The Thomson Reuters 2012 Top 100 Global Innovator methodology is based on four principle criteria: overall patent volume, patent grant success rate, global reach of the portfolio and patent influence as evidenced by citations. 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 Advanced Analytics for Deal-Making platform.

For more information on the Thomson Reuters Top 100 Global Innovator program and to download the full report, go to http://www.top100innovators.com.

Thomson Reuters
Thomson Reuters is the world's leading source of intelligent information for businesses and professionals. We combine industry expertise with innovative technology to deliver critical information to leading decision makers in the financial, legal, tax and accounting, healthcare and science and media markets, powered by the world's most trusted news organization. With headquarters in New York and major operations in London and Eagan, Minnesota, Thomson Reuters employs more than 60,000 people and operates in over 100 countries. For more information, go to www.thomsonreuters.com.

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