London: Thomson Reuters released its list of the 100 most innovative organisations in the world. The list dominated by technology companies includes the likes of Apple, Microsoft, Intel, LG and Motorola. The struggling Finnish mobile phone giant Nokia is not amongst the top 100.
"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 list is a part of the Thomson Reuters 2011 Top 100 Global Innovator program that analyses patent data and related metrics to identify the companies and institutions that lead the world in innovation activity. A comparison of market data for 2011 Top 100 Global Innovator companies shows they added more than 400,000 new jobs in 2010 over 2009.
Forty percent of the 100 companies on the list are from the US, 31 per cent from Asia and 29 per cent from Europe. Asia's representation is split between Japan (27 per cent) and South Korea 4 per cent). Despite China's lead in patent application filing volume, it is absent from the top 100 list. There are also no Indian companies on the list.
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.
List of Thomson Reuters 2011 Top 100 Global Innovator companies (in alphabetical order):
Advanced Micro Devices, Inc.
Analog Devices, Inc.
Applied Materials, Inc.
Bristol-Myers Squibb Company
Brother Industries, Ltd.
Cheil Industries, Inc.
Chevron USA, 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
More information is available at top100innovators.com
Read the full report:<br>
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