Innovation moves east.
" ... This is also the first time that a Chinese company, Huawei, has made the list. Huawei is a company in the telecommunications sector. One reason for China’s absence in previous lists could be that, even though it filed for more patents than either the US or Japan, less than 10% of its patents are international patents.
The progress of Asian companies seems to go along with an increased presence of companies from the electronic and semi conductors industries (21 companies), IT (13) and telecommunications (7). Asian companies have risen up, embracing persistence and a long-term view with the support of a well coordinated government policies.
Companies from the automotive, aerospace and transportation industries are less present among the Top 100 innovators.
The Oil industry is completely absent as Exxon Mobil and Chevron have not made the list this year. ... "
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