The World’s 50 most Innovative Companies

Businessweek has collaborated with Boston Consulting Group to publish their 2010 list of the 50 most innovative companies in the world based on a survey of corporate executives.  Here is the full list.  It is an interactive table.  And here is a slide show commentary on the top 25.

There has been considerable movement in the list from previous years although Apple retains a firm grip on the top spot.   China with 4 entries, India with 2 and South Korea with 3 have all increased their showing.  Britain has 4 entrants – Virgin, BSkyB, Vodafone and HSBC.  Germany has 3 companies in the list and France has none.  Here is the list.

1 Apple  U.S.
2 Google  U.S.
3 Microsoft  U.S.
4 IBM  U.S.
5 Toyota Motor  Japan
6 Amazon.com  U.S.
7 LG Electronics  South Korea
8 BYD  China
9 General Electric  U.S.
10 Sony  Japan
11 Samsung Electronics  South Korea
12 Intel  U.S.
13 Ford Motor  U.S.
14 Research In Motion  Canada
15 Volkswagen  Germany
16 Hewlett-Packard  U.S.
17 Tata Group  India
18 BMW  Germany
19 Coca-Cola  U.S.
20 Nintendo  Japan
21 Wal-Mart Stores  U.S.
22 Hyundai Motor  South Korea
23 Nokia  Finland
24 Virgin Group  Britain
25 Procter & Gamble  U.S.
26 Honda Motor  Japan
27 Fast Retailing  Japan
28 Haier Electronics  China
29 McDonalds U.S.
30 Lenovo  China
31 Cisco Systems  U.S.
32 Walt Disney  U.S.
33 Reliance Industries  India
34 Siemens  Germany
35 Dell  U.S.
36 Nestlé  Switzerland
37 British Sky Broadcasting  Britain
38 Vodafone  Britain
39 JPMorgan Chase  U.S.
40 Oracle  U.S.
41 Petrobras  Brazil
42 Banco Santander  Spain
43 Fiat  Italy
44 China Mobile  China
45 Goldman Sachs  U.S.
46 Nike  U.S.
47 HTC  Taiwan
48 Facebook  U.S.
49 HSBC  Britain
50 Verizon Communications  U.S.

The survey methodology is highly subjective and depends on what the survey group perceive as innovative.  However, reputations matter and this list gives a powerful indication that the tide of innovation is gradually turning towards the East.

Paul Sloane

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