New Clarivate Analytics Report Reveals Emergence of Market Disrupters is Fragmenting Global Patent Landscape, Diluting Leading Innovators' Invention Market Share

Innovation becoming more knowledge-intense and collaborative while the average number of inventors per patent record(1) rises according to latest Derwent Top 100 Global Innovators report

LONDON and PHILADELPHIA, Feb. 19, 2020 /PRNewswire/ -- The global innovation environment is rapidly fragmenting as large organizations², share of global inventions drops to 18% in the face of competition from market disruptors. This is according to the Derwent Top 100 Global Innovators 2020 report, released today by Clarivate Analytics Plc (NYSE:CCC; CCC.WS), a global leader in providing trusted insights and analytics to accelerate the pace of innovation.

The annual report, which can be downloaded here, identifies the world's most innovative organizations. These businesses have successfully developed valuable patented inventions that also have strong commercialization potential based on market reach and impact on other downstream inventions.

For the first time, in 2020, the report's analysis extends beyond the Top 100 to reveal three key trends:

• Top 1,000's shrinking invention market share: Six years ago, over a quarter (27%) of all inventions in Derwent World Patents Index (DWPI) came from the top 1,000 entities. Today, this has decreased to 18%. More and more patents are being incubated in smaller companies or even individual entrepreneurs and inventors. Large companies must learn to collaborate better and explore non-traditional partnerships or risk falling behind.
• The need for collaboration: Innovation is becoming more knowledge intensive, and as technologies converge, base science, and engineering disciplines are more often combined, thereby requiring multiple layers of expertise. This is evident in the increase in the average number of listed inventors per DWPI patent record from 2.84 (in 2014) to 2.99 (in 2019).
• Compression at the top: The threshold score for inclusion in the Derwent Top 100 Global Innovators has increased by over one-fifth (22% over a six-year period). The six new entrants to the Derwent Top 100 Global Innovators this year –Fujikura, HTC, Immersion, Microchip, Schneider Electric, and Tencent – have successfully navigated today's competitive innovation landscape, and on average risen 250 places in the rankings since 2015.

"Today's modern inventions, from phones and electric vehicles to medical devices, all require deeper and broader expertise, and for previously unrelated disciplines to work together," said Ed White, Head of Analytics, IP Group, Clarivate Analytics. "Large organizations that have traditionally dominated the innovation process must explore and embrace new ways of collaborating if they are to continue to thrive in a more complex and more fragmented ecosystem."