Innova琀椀on Momentum 2024: The Global Top 100 Innovation in the World’s Regions The global innovation landscape exhibits a diverse array of advancements that reflect the unique strengths and strategic focuses of different regions. Today, there is a significant interplay between traditional industrial strengths such as pharmaceuticals and emerging technological frontiers like AI, with various parts of the world becoming hotspots for specific types of innovation, as seen in Table 1. Source: LexisNexis® PatentSight+™ Industry Sector Americas Asia EMEA Total Pharmaceuticals 15 1 4 20 Semiconductors 6 4 5 15 Information Technologies 9 2 3 14 Chemicals and Materials 0 5 6 11 Consumer Goods 3 4 1 8 Medical Technologies 7 0 1 8 Electronics 3 4 1 8 Automotive 2 2 1 5 Engineering 3 1 1 5 Appliances 0 2 0 2 Biotechnologies 2 0 0 2 Technology R&D 2 0 0 2 Total 52 25 23 100 Table 1: The breakdown of the number of innovators by industry sector and region. In the pharmaceutical sector, the United States has not only emerged as a global leader but also as a hub of pharmaceutical start-up culture. With 14 companies based in the U.S. featured on the Top 100 list, it builds on its long-standing tradition of excellence in medical research and pharmaceutical development. While start-ups like Tempus Labs and Revolution Medicines showcase entrepreneurial spirit in this field, veteran company Johnson & Johnson continues to spearhead innovations in robotic surgery and surgical tools, pushing the boundaries of health care and treatment. In a post-pandemic world, where the demand for medical breakthroughs and resilient health care systems is at its peak, this focus on health care innovation becomes increasingly crucial. The United States also has a strong position in Information Technology. This sector, including new list entrants IBM and Juniper Networks, continues to drive global digital advancements. Recent insights reveal the acquisition of Juniper Networks by Hewlett Packard Enterprise (HPE), announced in January 2024, aimed at integrating AI capabilities into HPE’s network infrastructure management. This dynamic approach positions the U.S. IT industry not only as a provider of fundamental technologies but also as a catalyst for advancements in artificial intelligence, advanced networking, cloud computing and other transformative technologies that shape the digital landscape for consumers and businesses worldwide. LexisNexisIP.com 15