Patsnap Releases 2023 Global Innovation Report: The Brilliant Names to the Dynamic Landscape of Innovation

Technological innovation is advancing at an ever-increasing pace. Over the past decade, global research and development (R&D) spending, a pivotal driver of technological innovation, has grown from 2.00% of GDP to 2.63%. After over a century of combined effort, 100 million patents were filed as of 2017, serving as the legal proof of technological innovation. This number is expected to double within the next ten years. While the realm of innovation encompasses a wide array of individuals, organizations, and institutions, it is undeniable that a significant portion of groundbreaking innovations can be attributed to a select group of tech companies.

Patsnap releases our very first Global Innovation Report, to identify and celebrate these innovation frontrunners, built on our proprietary “Innovation Capability Evaluation Model”. We identify and celebrate both the world’s top innovators, the Global Innovation 100, who have consistently pushed the boundaries of technology, and the rising Global Disruption 50, young companies who have developed remarkable technology capabilities, bringing disruptive change to the world. These global innovators and disruptors together represent the dynamic landscape of innovation, shaping the future of technology across a diverse array of industries.

Beyond the identification of these companies, we also illustrate some insights into the essence of their innovation. The Global Innovation 100 and Global Disruption 50 are not just 150 individual companies, each of them represents a small innovation ecosystem as there can be hundreds of subsidiaries within each organization. Together they represent the dynamic landscape of innovation, shaping the future of technology across a diverse array of industries.