Innovation becoming more knowledge-intense and
collaborative while the average number of inventors per patent
record(1) rises according to latest Derwent Top 100 Global
Innovators report
LONDON and PHILADELPHIA, Feb. 19,
2020 /PRNewswire/ -- The global innovation environment is
rapidly fragmenting as large organizations2, share of
global inventions drops to 18% in the face of competition from
market disruptors. This is according to the Derwent Top 100
Global Innovators 2020 report, released today by Clarivate
Analytics Plc (NYSE:CCC; CCC.WS), a global leader in providing
trusted insights and analytics to accelerate the pace of
innovation.
The annual report, which can be downloaded here, identifies the
world's most innovative organizations. These businesses have
successfully developed valuable patented inventions that also have
strong commercialization potential based on market reach and impact
on other downstream inventions.
For the first time, in 2020, the report's analysis extends
beyond the Top 100 to reveal three key trends:
- Top 1,000's shrinking invention market share: Six years
ago, over a quarter (27%) of all inventions in Derwent World
Patents Index™ (DWPI) came from the top 1,000 entities. Today, this
has decreased to 18%. More and more patents are being incubated in
smaller companies or even individual entrepreneurs and inventors.
Large companies must learn to collaborate better and explore
non-traditional partnerships or risk falling behind.
- The need for collaboration: Innovation is becoming more
knowledge intensive, and as technologies converge, base science,
and engineering disciplines are more often combined, thereby
requiring multiple layers of expertise. This is evident in the
increase in the average number of listed inventors per DWPI patent
record from 2.84 (in 2014) to 2.99 (in 2019).
- Compression at the top: The threshold score for
inclusion in the Derwent Top 100 Global Innovators has increased by
over one-fifth (22% over a six-year period). The six new entrants
to the Derwent Top 100 Global Innovators this year –Fujikura, HTC,
Immersion, Microchip, Schneider Electric, and Tencent – have successfully navigated today's
competitive innovation landscape, and on average risen 250 places
in the rankings since 2015.
"Today's modern inventions, from phones and electric vehicles to
medical devices, all require deeper and broader expertise, and for
previously unrelated disciplines to work together," said
Ed White, Head of Analytics, IP
Group, Clarivate Analytics. "Large organizations that have
traditionally dominated the innovation process must explore and
embrace new ways of collaborating if they are to continue to thrive
in a more complex and more fragmented ecosystem."
"Congratulations to the Top 100 Global Innovators, an excellent
mix of organizations including many with extended legacies of
driving innovation as well as those that have more recently pushed
themselves to the forefront of today's dynamic marketplace," said
Jeff Roy, President, IP Group at
Clarivate Analytics. "Together, they have built a culture of
creating value based on ingenuity. And they have laid the bedrock
for future innovation through the establishment and protection of
their intellectual property.
Industry sector and regional snapshot
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.
Together, these two countries contributed almost three-quarters of
this year's Top 100 Global Innovators.
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.
Methodology
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.
Additional findings and the full list of the Derwent Top 100
Global Innovators 2020 can be found here:
https://clarivate.com/derwent/top100innovators/
About Derwent
Derwent™, a Clarivate Analytics company, powers the
innovation lifecycle from idea to commercialization—with trusted
patent data, applications and services including Derwent
Innovation™, Derwent World Patents
Index™, Derwent Patents Citation Index™
and Derwent Data Analyzer™. We build solutions for
inventors, patent attorneys and licensing specialists at start-ups
and the largest global innovators, legal professionals at the
leading IP practices, and patent examiners at more than 40 patent
offices. Our solutions are used to monitor technology trends and
competitive landscapes, inform FTO opinions, prosecute patents,
monetize and license assets and support litigation activities. For
more information, please visit derwent.com.
About Clarivate
Analytics
Clarivate Analytics™ is a global leader in providing
trusted insights and analytics to accelerate the pace of
innovation. We have built some of the most trusted brands across
the innovation lifecycle, including the Web of
Science™, Cortellis™,
Derwent™, CompuMark™,
MarkMonitor™ and Techstreet™. Today,
Clarivate Analytics™ is on a bold entrepreneurial mission to help
customers reduce the time from new ideas to life-changing
innovations. For more information, please
visit www.clarivate.com.
Forward-Looking Statements
This press release and oral statements included herein may contain
forward-looking statements regarding Clarivate Analytics.
Forward-looking statements provide Clarivate Analytics' current
expectations or forecasts of future events and may include
statements regarding results, anticipated synergies and other
future expectations. These statements involve risks and
uncertainties including factors outside of Clarivate Analytics'
control that may cause actual results to differ materially.
Clarivate Analytics undertakes no obligation to update or revise
the statements made herein, whether as a result of new information,
future events or otherwise.
Clarivate and its logo, as well as all other trademarks used
herein are trademarks of their respective owners and used under
license.
Media Contacts
Sofia Nogués, Senior External Communications Manager
Sofia.Nogues@clarivate.com
Jack Wan, Director of
Communications for Asia
Pacific
Zhihong.Wan@clarivate.com
1 Based on patents added to Derwent World Patents
Index (DWPI), of the annual Global Top 100 Innovators
2 Top 1,000 entities as ranked each year for the Derwent
Top 100 Global Innovators program
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