The Derwent Top 100 Global Innovators 2020 come from three continents and 14 countries/regions. The United States reclaimed the top spot with 39 organizations, followed by Japan with 32. Xiaomi, Huawei and Tencent are the only three companies from mainland China.
For industry sector representation, the Hardware & Electronics industries lead with 38 organizations, 3 more than last year, followed by Manufacturing & Medical with 16, and Telecoms and Software with 8 each.
Xiaomi’s innovation capacity and forward-looking strategic nimbleness has been consistently recognized. It has made the Fortune Future 50 List for the first time last year and the Forbes Top 100 Digital Companies 2019. In July 2019, the company made the Fortune Global 500 list for the first time became the youngest company on the 2019 list.
Now in its ninth year, Derwent Top 100 Global Innovators utilizes editorially enhanced, authoritative and accurate patent data from Derwent World Patents Index (DWPI) and Derwent Patent Citations Index (DPCI) to track innovation based on four indicators:
– Volume:The organization must have had at least 100 granted inventions (and more than 500 filed in total) in the past five years.
– Influence: The level of downstream impact by being highly cited externally by other organizations, and measured via the Derwent Patent Citations Index™ over the last five years, excluding citations from themselves.
– Success:A high ratio of success in obtaining patent grants.
– Globalization: The level of investment of a patent applicant in their invention, as tracked via the process of pursuing protection in all four of the key market patent offices of China, Europe, Japan, and the United States.