Ten of Taiwan’s most innovative companies and academic institutions were honored at an award presentation today during the inaugural “Thomson Reuters Taiwan Innovation Awards 2012”. This is the first time that the Intellectual Property & Science business of Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals, is organizing the Awards to recognize the most innovative commercial enterprises and academic institutions headquartered in Taiwan for their spirit of innovation in Research & Development (R&D).
Ten organizations received recognition in one of two sectors: Corporate and Academic.
• AU Optronics Corp
• Taiwan Semiconductor Manufacturing Company Limited
• ASUSTeK Computer Inc.
• Hon Hai Precision Ind. Co. Ltd
• MediaTek Inc
• Industrial Technology Research Institute
• National Chiao Tung University
• National Chung Hsing University
• National Taiwan University
• National Tsing Hua University
The recipients were selected based on research and analysis using Thomson Reuters Derwent World Patents Index® (DWPISM), Derwent Patents Citation Index™ and Thomson InnovationSM. Their innovation was assessed according to a series of proprietary, patent-based metrics, including the level of patented technology originating in Taiwan (Taiwan as priority market).
Criteria for the 2012 Taiwan Innovation Awards included the size of the patent portfolio, success rate (ratio of applications to granted patents), global protection of the invention and influence of the innovation (as determined by the number of citations to the original invention).
“Innovation drives economic growth and success. A key industry indicator of innovation worldwide is patenting activity. The importance of intellectual property as a major source for Taiwan’s economic and technological development is evidenced by the increasing creativity and impact of Taiwan research and technology around the world,” said Dr. Wong Woei Fuh, managing director of Asia at Thomson Reuters. “Thomson Reuters is pleased to recognize these outstanding organizations which reflect the diversity of Taiwan’s innovation, spanning display solutions, IT, semi-conductor manufacturing, and multi-disciplinary scientific research.”
Said Mr. Bob Stembridge, expert patent analyst and manager, customer relations, Intellectual Property & Science business of Thomson Reuters, “According to Thomson Reuters Derwent World Patents Index®, Taiwan is particularly focused on filing patents in semiconductors, computer components, memory boards and devices when compared to South Korea, Japan, China, and US for 2011. The last 10 years have seen a substantial increase in Taiwan’s patenting activity from 39,000 applications in 2002 to over 73,000 applications in 2011 at an average CAGR (Compound Annual Growth Rate) of 8.8 percent.”
Derwent World Patents Index® (DWPISM) is the world’s most trusted source of patent information, expertly indexed and featuring enhanced titles and comprehensive abstracts. Highly qualified editorial staff produce English-language titles and abstracts for over 47 major patent-issuing authorities, enabling insight that otherwise would be missed. There are over 20.7 million unique inventions covering more than 45.2 million patent records in DWPI; the invention-based documentation allows users to see worldwide protection for a single invention. DWPI provides unparalleled access to established and emerging innovation centers globally, covering agricultural and veterinary medicine, electronic/ electrical engineering, chemistry, pharmaceuticals and polymers, high technology and much more.