Epson ranked fifth in Clarivate Top 100 Global Innovators

Above: Epson Australia HQ in Macquarie Park

Epson has been ranked fifth in the list of Clarivate Top 100 Global Innovators 2024 announced by the global information services firm Clarivate Plc. This is the 11th time Epson has been named to the list since its inception in 2012.

Toshihiko Kobayashi, general administrative manager of the Intellectual Property Division, Epson said, “It’s an honour to be selected as one of the Top 100 Global Innovators. In 2022, on Epson’s 80th anniversary, we established our corporate purpose statement, which reads, “Our philosophy of efficient, compact and precise innovation enriches lives and helps create a better world,” and have demonstrated this aspiration both inside and outside Epson.

“Based on our corporate purpose, we are evolving our approach to sustainability management and aim to solve societal issues while achieving corporate growth. Intellectual property is one of the pillars of this sustainable management. Our proprietary technologies are protected by our intellectual property rights and support the foundation for our sustained efforts to address societal issues. The top priority of our IP activities is, and will continue to be, finding ways to use Epson’s strengths to help solve issues,” Toshihiko Kobayashi continued.

Clarivate compares and analyses invention data from around the world, assesses the quality of patent ideas using indicators directly linked to innovativeness, and annually selects companies and organisations at the top of the global innovation ecosystem and continuously demonstrates outstanding innovation performance.

A twin-track approach is used in evaluations. The first track focuses on identifying innovating companies and organisations based on the number of patent applications filed and patents held. An “international factor” is then calculated based on the rate and scale of international inventions. The second track scores them on four factors-influence, success, geographic investment, and rarity-and a comparison against all other patent ideas is made.

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