Hear from our global employees what working at Thomson Reuters means to them. These employees support offerings associated with the lifecycle of innovation, enabling today’s agents of change through the discovery, protection and commercialization of their ideas and brands.
At Thomson Reuters, our customers find value in innovative products and solutions. Every year, we file patents for inventions our employees create to enhance the experience in how our content is consumed. Meet Scott Daup, architect, Mobile Technology & Advanced Product Innovation; Dan Bennett, vice president, Enterprise Data Services, Platform group; and Jose Hernandez, lead iOS engineer, Mobile Mobile Technology & Advanced Product Innovation. These inventors submitted a patent for an invention that makes it easier for customers to find their way across the deep and complex content via the table of contents in the ProView eReader.
Earlier this week, our IP & Science business launched its 2014 State of Innovation India report. This is the second consecutive year of the study, which is conducted by looking at patent activity to gain a clearer understanding of the innovation landscape in India. The study showcases twelve leading sectors and analyzes the innovation in each based on patent activity. This year, for the first time, the Computing & Control technology sector has drawn level with the Pharmaceuticals sector, with each taking 17% of the overall share of Indian Innovation. Today’s graphic gives a brief snapshot of the report, as well as the 2014 India Innovation Awards.
Our Intellectual Property & Science business recently released research outlining the patent landscape in China, and best practices for developing a strategic outlook on the emerging areas in the country’s portfolio. The new paper, Chinese Corporate Trends and Globalization for IP, aims to provide insight and understanding of China as an emerging global economy and how that growth is being driven by attempts to harness the tremendous potential of human and natural resources through innovation and the global IP system.
Intellectual Property is a central plank of China’s national strategy as it pushes to become an innovation-driven economy. Effective IP protection is also necessary for China to successfully continue on that journey. Although there is recognition at the national level of the importance of IP, this does not always translate down to the enterprise level. Major Chinese corporations are making strides in embracing and using IP as an integral part of their business strategy as they seek to drive revenue growth, gain market share and deliver cost benefits through the protection of innovative technology. But as data in this report shows, this is still the exception rather than the rule. (more…)
Earlier this month Cary Burch hosted Inside Innovation: What It Takes to Win, a panel discussion and question-and-answer session featuring leading innovators across the U.S. The event was held alongside the launch of our Top 100 Global Innovators announcement. Intellectual property leaders, innovators, educators, investors and others joined Thomson Reuters colleagues at the Computer History Museum in Mountain View, California, in the heart of Silicon Valley. The session featured insights from some of the most innovative minds at top firms and institutions from around the world. They spoke about how innovation fosters economic growth and prosperity and discussed what it takes to succeed in today’s economic environment.
The impressive line-up of panelists included: (more…)
E-cigarette makers are racing to design and buy variations of a technology that has lit a billion-dollar boom, created a new vocabulary, and prompted a backlash from health officials worried about the impact of the new smokeless devices. Today’s graphic shows a surge in e-cigarette patents in recent years, especially in China, following the invention of the first device in China a decade ago.
25 Nov 2014Thomson Reuters
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Our Top 100 Global Innovators program recognizes the world’s leading companies, industries and regions shaping a brighter tomorrow by developing breakthroughs today. The innovators are identified annually through an in-depth analysis based on a series of trusted patent-related metrics that get to the essence of what it means to be truly innovative.
07 Nov 2014Thomson Reuters
Today’s graphic is a look at some of the best and brightest among the 2014 Thomson Reuters Top 100 Global Innovators and the world’s hotbeds of innovation. All rankings—listed in alphabetical order—are based on an overall score including patent volume, success, globalization and impact metrics. The number of inventions alone does not determine the final rankings.
From Westlaw Journal Computer & Internet:A federal appeals court incorrectly found Oracle America could sue Google for copyright infringement for replicating elements from Java’s application programming interfaces, or APIs, in the Android smartphone operating system, the search engine giant has told the U.S. Supreme Court.
06 Nov 2014Melissa Sachs
Google admits it replicated elements from 37 Java API packages, which Oracle America owns. However, it argues in its petition to the nation’s highest court, the elements it replicated — as well as their structure, sequence and organization — are not subject to copyright protection as a matter of law.
For the fourth consecutive year, we used a proprietary patent-related methodology to identify those companies that are best at turning creative ideas into commercialized inventions. The ranking is based on an overall score that considers patent volume, success, globalization and impact metrics. Organizations making the list are then analyzed to determine their financial performance.
Innovation surges and strongholds
A consistent takeaway evidenced over the four years we’ve run this program is that an investment in innovation, coupled with the protection of ideas via intellectual property rights, leads to economic success.
The Top 100 honorees have outperformed the S&P 500 for the fourth consecutive year, generating the equivalent of U.S. $3.69 trillion in revenue and achieving year-over-year market cap weighted revenue growth of 12.6 percent, roughly double the 6.85 percent annual revenue growth generated by S&P 500 companies. These leading innovators also spent U.S. $208 billion on research and development in 2013, outpacing their S&P 500 constituents at a rate of 4:1.
Based on analysis done by the Thomson Reuters StarMine team, the Top 100 Global Innovators generate more cash flow, have higher returns, and offer a relatively attractive dividend yield despite being modestly undervalued. They rank in the 64th percentile on a Price/Cash Flow basis and have an average dividend yield of 2.2 percent, which is higher than that of the S&P 500, at 1.9 percent, and the technology sector at 1.4 percent. In terms of financial fundamentals, the Top 100 have the highest score (70) in the Cash Flow Component of the StarMine Earnings Quality model, which is the degree to which earnings are derived from sustainable sources (such as earnings backed by underlying cash flows).