Asia Reclaims Position as Epicenter of Global Innovation

Asia has reclaimed its standing as the epicenter for global innovation after briefly falling behind the United States in 2016, according to the 2017 Top 100 Global Innovators report issued today by Clarivate Analytics. The annual report highlights the most successful organizations in the world that are active in innovation through research and development, protection of their IP and the achievement of commercial success. It also reinforces a prevailing trend among innovative businesses of prioritizing investment in unique, enduring inventions – for which patents are successfully brought to market and enjoy greater global commercial potential. Forty-five Asian companies appear on this year’s list, a 15 % increase over 2016, with long-recognized organizations like Honda, Komatsu, Samsung and Toyota joined by newcomers Fuji Electric, Hon Hai and Nichia. North America runs second with 36 companies appearing on the list, where newcomers like Facebook, Molex and Western Digital join Apple, Abbott Laboratories, Boeing, Microsoft and others. Asian organizations outperformed the rest of the Top 100 in all metrics during 2017, indicating that the region is producing higher quality innovation, seeking to commercialize its innovation globally and creating more impactful innovation than both the remaining Top 100 Global Innovators and organizations outside the Top 100. Clarivate Analytics provides insights and analytics to help organizations accelerate the pace of innovation and comme...
Source: News from STM - Category: Databases & Libraries Authors: Tags: Featured World Source Type: news