Most innovation rankings are popularity contests based on past performance or editorial whims. We set out to create something very different with the World’s Most Innovative Companies list, using the wisdom of the crowd. Our method relies on investors’ ability to identify firms they expect to be innovative now and in the future. 

Companies are ranked by their innovation premium: the difference between their market capitalization and a net present value of cash flows from existing businesses (based on a proprietary formula from Credit Suisse HOLT). The difference between them is the bonus given by equity investors on the educated hunch that the company will continue to come up with profitable new growth.

To be included, firms need seven years of public financial data and $10 billion in market cap. (Facebook FB +1.28%, for example, would be in the top ten if we used only 2012 data.) We include only industries that are known to invest in innovation., excluding industries that have no measurable investment in R&D, so banks don’t make the list. Nor do energy and mining firms, whose market value is tied more to commodity prices than it is to innovation. Big caveat: Our picks do not correlate with subsequent investor returns. To the extent that today’s share price embeds high-growth expectations, one might even anticipate returns to investors to be low, as these expectations may be difficult to meet. -- Forbes

In today's Viz of the Day, we provide a special snapshot of the performance of US companies on Forbes' Innovative Companies list; these companies make up nearly have of the top 100 for 2015.  

Source of description: How We Rank The World's Most Innovative Companies, 2015

Source of data: Forbes - The World's Most Innovative Companies, 2015

Aperçus connexes de Knoema

WIPO | COVID-19 is Increasing Innovation Gap

(24 March 2021) According to WIPO's 2020 Global Innovation Index report, Switzerland, Sweden, the US, the UK, and the Netherlands continue to lead the innovation ranking in 2020, with a second Asian economy—the Republic of Korea—joining the top 10 for the first time (Singapore is number 8). High-income countries held all of the top 10 spots again this year; however, China has retained its place among the 15 most innovative economies, ahead of some countries from the high-income group such as Japan and Canada. While the COVID-19 crisis has catalyzed innovation in many sectors, such...

Global Innovation Index, 2014

The Global Innovation Index (GII) recognizes the key role of innovation as a driver of economic growth and prosperity and acknowledges the need for a broad horizontal vision of innovation that is applicable to both developed and emerging economies, with the inclusion of indicators that go beyond the traditional measures of innovation (such as the level of research and development in a given country). The GII has evolved into a valuable benchmarking tool to facilitate public-private dialogue, whereby policymakers, business leaders and other stakeholders can evaluate progress on a...

Number of Starbucks Stores Globally, 1992-2021

(29 March 2021) Today Starbucks is the largest coffeehouse company in the world, with 32,938 retail locations as of the first quarter of 2021, followed distantly by coffee shop chains such as Dunkin Donuts with about 10,000 restaurants, Tim Hortons with 4,300 outlets, and Costa Coffee with nearly 1,700 stores worldwide. Starbucks was founded in 1971 in Seattle, Washington, and incorporated on November 4, 1985, to become the publicly traded Starbucks Corporation.Based on the company's positive, sustained operating results, it is ranked among Forbes' Top-500 world's biggest public...

H&M Locations Worldwide, 2008-2023

(7 April 2021) With its extensive business network, the Sweden-based multinational clothing retailer H&M has become one of the world's leading fashion companies. After a decade of continuous expansion, adding around 320 stores per year on average, the company's net increase in number of stores (opens minus closures) was only 108 in 2019, and in 2020 it turned negative. H&M had a total of 5,018 stores, in 74 countries across six continents, at the end of 2020. In the last two years, openings of new locations, primarily in new markets, have been outnumbered by closures of...