Innova琀椀on Momentum 2024: The Global Top 100 Executive Summary The “Innovation Momentum 2024: The Global Top 100” report employs a unique methodology, utilizing patent data to assess innovation dynamics, differentiating between small, high-quality portfolios and well-maintained large portfolios. Key Insights New Entrants: The report introduces 20 new entrants to the list, including notable newcomers like German company ZEISS, provider of virtual reality (VR) glasses for the new Apple Vision Pro™, and Japan-headquartered Daikin, which has put an emphasis on sustainability in their Heating, Ventilation, Air Conditioning & Refrigeration (HVAC&R) innovations. Strategic Significance of Intellectual Property: The report acknowledges the strategic significance of intellectual property, exemplified by companies like IBM, which has transitioned to a value-driven approach in managing its patent portfolio. Qualitative Patent Strategies: Key companies such as CATL, Tempus Labs, and STMicroelectronics are identified for their innovative patent strategies, showcasing their unique approaches. AI Innovation Landscape: The report touches on the AI innovation landscape, showcasing companies like Nvidia and Juniper at the forefront of AI development. Global Distribution of Innovators: The report sheds light on the global distribution of innovators, with the U.S. excelling in Pharmaceuticals and Information Technology, while Asia dominates in Electronics and Semiconductors. Advancements in Autonomous Driving: Companies like Aptiv and Tesla are highlighted for their focused efforts in autonomous driving and autonomous vehicle technologies. Role of Smaller Portfolios: Companies like Mirati Therapeutics and Splunk are recognized for their agility and niche expertise, which made them attractive M&A targets for Bristol-Meyers Squibb and Cisco, respectively. Academic Focus Areas: Academia's focus on health care and chemistry is highlighted, with significant patent holdings in these areas by organizations like Broad Institute and Mass General Brigham, along with the rising importance of data analytics and AI in academic (IT) research. LexisNexisIP.com 3