The Top 100 Innovators Revealed in the 2023 Innovation Momentum Report
The 2023 top 100 innovators have been revealed in the second annual publication of Innovation Momentum 2023: The Global Top 100, once again uncovering forward-thinking patent development and showcasing some of the most innovative companies—both big and small.
In an increasingly fast-paced and complex modern technological landscape, the report enables us to shed light on the most promising and active players by looking at the dynamics of technology development over the past 2 years. This year, the list has 27 new entries, highlighting the constant evolution of the innovation landscape, and the speed at which technology advances.
Supported by data analysis from our industry-leading patent analytics solution, LexisNexis® PatentSight®, the methodology behind the Innovation Momentum list is unique and objective, utilizing patent data as a transparent way to make innovation tangible to the public, and bring clarity to the complexities of intellectual property.
Read on to get report highlights or access the full report now.
Who is leading the innovation race?
For the second year in a row, the pharmaceutical industry leads with the number of companies present on the 2023 list, as an aging global population and the long tail of the COVID-19 pandemic are creating demand for new pharmaceutical therapies and products. This provides opportunities for small players with innovative technologies, but also for large companies such as Amgen, Eli Lilly, and Moderna Therapeutics.
As the digital revolution continues to transform the way we live and work, the information technologies industry is high on the list this year. The top 100 innovators include companies such as Alphabet, Google’s owner, Swedish telecoms company Ericsson, and Chinese technology and entertainment group Tencent.
The semiconductor industry—with big brands such as Intel and Qualcomm in the top 100 innovators—also benefits from technological transformation. Meanwhile, the climate crisis is providing a catalyst for the development of technologies ranging from energy storage to electric vehicles, all of which rely on semiconductors.
The strong position of the chemicals and materials industry in the top 100 innovators list reflects its role in providing the building blocks for so many other industries. Included are companies such as BASF, Firmenich, LG Chemical, Merck KGaA and Nitto Denko. The industry covers a wide variety of technologies, from batteries and construction materials to glass, food flavors, and oil and gas exploration and refinement.
Read the full report to get more in-depth analysis on:
- Chemicals and Materials
- Consumer Goods
- Medical Technologies
A unique, timebound way to determine the top 100 innovators
The report’s unique methodology captures two years of dynamic innovation. It recognizes owners that are outperforming their peers in Technology Relevance, the potential to lead to further inventions, and Market Coverage, the size of the global market a patent family protects, and combines these two to arrive at Competitive Impact, or the quality of an entire patent portfolio.
It also provides additional context into innovation by:
- Rewarding patent owners with well-maintained portfolios
- Taking into account the differences between developments in all technology fields
- Considering innovators’ specific industries
- Reflecting the dynamics of thriving technologies
Learning from the top 100 innovators
Looking at the dynamics of innovation gives us a unique view of current and future developments and recognizes those who are making them a reality through their work. The Innovation Momentum methodology provides insights into the global landscape of the top 100 innovators’ technologies, helping to identify relevant trends and make the most of opportunities.
With the Innovation Momentum Report, companies can:
- Gain a new perspective on the evaluation of technology owners with particularly high innovation strength.
- Benchmark performance against peers.
- Have an additional source for showcasing accomplishments to stakeholders.
- Get data-driven information to support innovation strategy.
Want to see the full Innovation Momentum 2023 list of the global top 100 innovators? Find it here.
Which companies are pioneering the future of science and technology?
Download Innovation Momentum 2023: The Global Top 100 to find out! Using our proprietary patent quality metrics to look at the global patent landscape we list out the Top 100 innovators worldwide. Read the full report to discover which companies are at the forefront of innovation, driving future technologies.