Forbes magazine recently published its latest list of the World’s Most Innovative Companies. These companies were selected based on a factor called “The Innovation Premium”.
Definition of The Innovation Premium:
“The Innovation Premium is a measure of how much investors have bid up the stock price of a company above the value of its existing business based on expectations of future innovative results (new products, services and markets) . Members of the list must have $10 billion in market capitalization, spend at least 1% of their asset base on R&D and have seven years of public data.”
The Top 10 Companies in the ranking are listed above.
The rest of the list can be found here.
Source: The World’s Most Innovative Companies, Forbes