By Lindsey Gilroy and Tammy D'Amato of Patent Board™
Driven by trends in globalization and the ever-quickening pace of competition, businesses are placing greater emphasis on Intellectual Property (IP) and innovation. Patent-based IP is a driving force in determining not only corporate, but regional, national and global economic success.
The Patent Board measures patent-based innovation in the annual round-up of corporations ranked by The Patent Board's Corporate Ownership Tree™ and quality-based indicators. The Patent Scorecard is one of the first steps in making the connection between past innovation and future success. Understanding this value is important so that companies can leverage and protect it.
This year's industry-by-industry Patent Scorecard is a rating of corporate innovation across seventeen single-industries and combines a series of industry-standard metrics to arrive at patent portfolio quality, technological strength and breadth of impact for the year 2009 calendar year - not merely patent counts. The leaders in each industry are shown.
The 2010 Leaders by Industry Patent Scorecard™ represents twelve companies that retain their industry lead, four companies that reclaim their previously held industry leadership and one company that leads its industry for the first time. Royal Philips Electronics NV makes its way to the top spot in the Industrial Com...