innovation

Nothing is ever too objective but charts and graphs give us a good picture of what is generally going on in the world. So what can this list of the fifty most innovative companies tell us?

1) US still dominates in innovation. 22 out of 50 companies are American. If one breaks down the companies by their countries, it would go something like: Japan in second with five, China and Britain with four, Germany and Korea with three, Switzerland, Canada, Italy, Brazil, Finland and Spain with one each.

2) Innovation is increasing in Asia (13 in total). Especially as China rises, the number of innovations, patents, and companies will naturally increase as well. We see this in the number of patents Asia is producing (The top three patent holders are America, Japan, and South Korea) and even in the number of gold medal counts at the Olympics.

3) Innovation is decreasing in Europe (11 in total). Although still a very affluent part of the world, many continue to wonder when and if Europe will ever be as powerful as it once was. Or perhaps, the social Marxist bent of many European governments tends not to lend itself to innovation? I personally wouldn't care to work hard to create if the government took care of all my needs. (Although with the collapse of certain economies (i.e. Greece), the E.U., especially with Germany's lead, is slowly realizing that their socialist governments were unsustainable and unrealistic. While our country, on the contrary AND unfortunately, goes the other way.)

4) Brazil is listed as well (although the one company seems to be an oil company). Will we start to see more companies from other parts of the world?