26 January 2018
Philadelphia
Reporter: Barney Dixon

Asia reclaims spot as “epicentre of innovation”


Asia became the “epicentre of innovation” in 2017, according to Clarivate Analytics’ 2017 Top 100 Global Innovators report.

After a brief stint in second place in 2016, Asia has reclaimed its pole position as the number of top 100 innovations from Asia rose over 13 percent from 39 top innovators to 45 in 2017.

Asia-based organisations including Honda, Komatsu, Samsung and Toyota appeared on the list, and Asian top 100 companies “are producing higher quality innovation, seeking to commercialise that innovation more globally and creating more impactful innovation than both the remaining top 100 global innovators and other organisations outside the top 100”, according to the report.

The US came second to Asia in the report, with 36 US-based companies appearing on the list, including Facebook, Apple, Boeing and Microsoft.

The US took the lead from 2011-2013 and again in 2016, but in 2017 ceded its position to Asia.

Daniel Videtto, president of IP & standards at Clarivate, commented: “As the world experiences geopolitical shifts and significant economic change, the one constant that enables leaders to weather volatility is a laser focus on innovation.”

“It helps develop competitive advantage, leading to the creation of sustainable economies that make possible societal improvements and the enhanced wellbeing of citizens.”

According to a World IP Organisation report from last year, China was the world’s top patent filer in 2016, accounting for nearly all of the 8 percent growth in patent applications in 2016.

The State Intellectual Property Office of China received 1.3 million applications in 2016, more than the combined total for the US Patent and Trademark Office, the Japan Patent Office, the Korean Intellectual Property Office and the European Patent Office.

More news
The latest news from IPPro Patents
Join Our Newsletter

Sign up today and never
miss the latest news or an issue again

Subscribe now
Countries should break IP rules to ensure growth, says report
23 February 2018 | London | Reporter: Barney Dixon
Countries such as India and China should break harmonised intellectual property rules to avoid protectionist measures from the US and EU, according to a new report from Gowling WLG
EPO employment proposal halted
22 February 2018 | Munich | Reporter: Barney Dixon
A proposal to scrap permanent employment contracts at the EPO has been halted and a controversial article within it withdrawn, a source close to the Staff Union of the EPO has confirmed
UPC complaint to be heard in 2018
22 February 2018 | Karlsruhe | Reporter: Barney Dixon
The German Federal Constitutional Court will hear the constitutional complaint against the UPC in 2018
Cabinet Plasseraud promotes four to partner
21 February 2018 | Paris | Reporter: Barney Dixon
Cabinet Plasseraud has appointed for intellectual property attorneys to partner
NPE litigation in Europe sees continued growth
20 February 2018 | Brussels | Reporter: Barney Dixon
NPE litigation and enforcement in Europe has increased by an average almost 20 percent year-on-year since 2007, according to a new report from Darts-IP
BakerHostetler hires IP partner
19 February 2018 | Los Angeles | Reporter: Barney Dixon
BakerHostetler has hired Troy Schmelzer as partner in its intellectual property group
Sheppard, Mullin, Richter & Hampton promotes four to partner
16 February 2018 | California | Reporter: Barney Dixon
Sheppard, Mullin, Richter & Hampton has promoted four intellectual property attorneys to partner across its Shanghai, San Diego and San Francisco offices