The Origins of Patsnap’s 2023 Global Innovation 100

This year, Patsnap is excited to release its inaugural Global Innovation Report for 2023, featuring two distinctive lists: the Global Innovation 100 and the Global Disruption 50. In this article, we explore the origins and characteristics of the Global Innovation 100, shedding light on the regions, industries, and patent landscapes that define these technological trailblazers.

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The Regional Landscape

Global Footprint and Patent Coverage

Industries Driving Innovation

Global Innovation 100: The Regional Landscape

Hailing from 15 countries and spanning 11 diverse industries, the Global Innovation 100 showcase a remarkable global reach. With headquarters distributed across countries such as the U.S., Japan, Germany, China, Switzerland, and the United Kingdom, these innovators represent a diverse array of technological prowess.

Region-wise, the majority of the Global Innovation 100 are rooted in the U.S. and Japan, comprising nearly two-thirds of the list. On a continental level, Asia dominates with 40%, driven primarily by Japan. North America, entirely represented by the U.S., and Europe, with a balanced distribution across nine countries, follow closely.

Global Footprint and Patent Coverage:

Surprisingly, the Global Innovation 100 extend their reach far beyond their headquarters. With 68,000 “tech subsidiaries” operating globally, these companies have established a formidable presence in 181 countries, filing a staggering 20.8 million patent applications in over 159 countries.

Asia, North America, and Europe: A Comparative Analysis:

Diving into the characteristics of the Global Innovation 100, distinct trends emerge across Asia, North America, and Europe.

Asia’s Technological Dominance:

• Asia-based companies lead in Technology Size, boasting an average of 280,000 patent applications each, about 1.5 times that of Europe and twice that of North America.
• Top contributors include Panasonic, Samsung Electronics, and Hitachi, filing 1.06 million, 880,000, and 730,000 patents respectively.

North America’s Innovation Influence:

• North American companies excel in Technology Influence, with an average citation of 12.6 times per patent, more than double that that of the Global Innovation 100 from Europe and Asia.
• U.S.-based companies such as Medtronic, Oracle, and Boston Scientific lead the pack with patents cited 49 times, 30 times, and 30 times on average, respectively.

Europe’s Global Technological Reach:

• European companies exhibit a higher level of Technology Globalization, filing patents in an average of 101 countries, surpassing other continents.
• Notable contributors include AstraZeneca, Novartis, Bayer, Sanofi, BASF, and Shell, filing in over 120 countries.

Industries Driving Innovation:

The Global Innovation 100 are spread across 11 industries, with Life Science & Healthcare, Chemicals & Materials, Electronics, and Machinery & Equipment taking the lead. Together, these four sectors account for nearly 70% of the innovators, showcasing a concentration of technological advancement in critical areas such as healthcare, materials, electronics, and machinery.

In conclusion, the Patsnap 2023 Global Innovation 100 emanate from diverse corners of the globe, driving technological progress and innovation in pivotal industries. For a comprehensive analysis and further insights, refer to our 2023 Global Innovation Report. Explore the trends, discover the innovators, and join us in celebrating the global spirit of innovation that defines the year 2023.