For the fifth consecutive year, Honeywell has been named a Thomson Reuters 2015 Top 100 Global Innovator, recognized for its achievements as one of the world’s most innovative companies. The program, an initiative of the IP & Science business of Thomson Reuters, honors the 100 corporations and institutions around the world that are at the heart of innovation as measured by a series of proprietary patent-related metrics. Together, the 2015 Thomson Reuters Top 100 Global Innovators generated more than $429 trillion in revenue and invested more than $20 trillion in research and development (R&D) in 2014.
Honeywell was selected based on its overall patent volume, patent application-to-grant success rate, global reach of portfolio, and patent influence as evidenced by citations. These objective criteria helped identify Honeywell as a company that is working hard around the world to discover new inventions, protect them from infringers, and commercialize them.
“In today’s hypercompetitive global marketplace, innovation is much more than just having great ideas. True innovation occurs when individuals and companies harness the power and insight to bring ideas to life,” said David Brown, senior vice president, Thomson Reuters Intellectual Property and Science. “This is the potent formula we measure with our Top 100 Global Innovators program. The institutions on this year’s list represent the current vanguard in innovation by pioneering new breakthroughs and organizing their businesses to make these discoveries a reality.”
View the full Thomson Reuters’ report at http://www.stateofinnovation.com.