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Honeywell Named a 2016 Top 100 Global Innovator by Clarivate Analytics

Honeywell Named a 2016 Top 100 Global InnovatorFor the sixth year in a row, Honeywell has been named a Top 100 Global Innovator by Clarivate Analytics, formerly the Intellectual Property & Science business of Thomson Reuters. Based on an analysis of patent volume, patent-grant success rates, global reach and invention influence, the program recognizes the world’s most innovative corporations and institutions in an annual report.

The 2016 Top 100 Global Innovators report reveals a prominent shift in strategy among the world’s top innovators. The amount of patents filed has decreased, while grant rates have increased. Another noteworthy trend includes increased R&D spending. Together, the firms on the list generated more than $4 trillion revenue in 2015 and spent more than $227 billion on research and development. On average, the 2016 Top 100 Global Innovators invest 9.1 percent more in R&D than those in the S&P 100.

“Today marks a milestone for Clarivate Analytics as we journey towards the future with the publication of our Top 100 Global Innovators report under our new brand identity,” said Jay Nadler, CEO. “We believe the power of innovation is a fundamental driver of economic wellbeing, competitive advantage and success, which represents the heart of our business – to accelerate the pace of innovation through discovery, protection and commercialization. Our Top 100 Global Innovators methodology eliminates any ambiguity as to what makes an organization innovative and we congratulate those who have made meaningful gains to usher in the next era of global innovation.”

View the full Clarivate Analytics’ report here.