The Origins of Patsnap’s 2023 Global Disruption 50
This year, Patsnap is excited to release its inaugural Global Innovation Report for 2023, spotlighting two categories of brilliance: the Global Innovation 100 and the dynamic Global Disruption 50. In this article, we explore the origins and characteristics of the 2023 Global Disruption 50, showcasing their diverse paths to building outstanding innovation capabilities.
Building from the Ground Up:
Independently Forged Visions:
The majority of disruptors, a remarkable 40 out of 50, embarked on their innovation journey from independent foundations. Guided by visionary leaders with a passion to make a difference, these disruptors, including the exceptional Dutch 3D printer supplier Ultimaker, started from ground zero, challenging established players like GE and HP.
Ultimaker’s inception at the ProtoSpace FabLab in Utrecht exemplifies the potency of independent foundations, propelling them to challenge industry norms and redefine technological landscapes.
Incubated Innovations:
10% of the Global Disruption 50 trace their roots to research institutes, leveraging initial technology developed within these academic environments. Companies like Saluda Medical and QuantumCTek emerged as global pioneers in smart neuromodulation therapy and Quantum Communication, respectively, after incubation in research institutes such as Australia’s Information Communications Technology Center of Excellence and the University of Science and Technology of China.
Saluda Medical’s journey from research excellence in Australia’s ICT Center to commercialization showcases the transformative power of academic incubation in driving innovation.
Spin-offs from Tech Giants:
Another 10% of disruptors are spin-offs from established tech giants, inheriting technologies and gaining unique market advantages from their inception. Companies like Resideo, Advansix, Kioxia, SVOLT, and Cerence, with origins from entities like Honeywell, Toshiba, Great Wall Motor, and Nuance, exemplify the evolution and continuous innovation of spin-off disruptors.
Resideo and Advansix, born from the legacy of Honeywell, and Kioxia, inheriting semiconductor prowess from Toshiba, highlight the strategic advantages gained by spin-offs in the innovation landscape.
The Patsnap 2023 Global Disruption 50, with their varied origins from independent foundations, academic incubation, and spin-offs from tech giants, exemplify the diverse pathways to innovation excellence. For a comprehensive analysis and deeper insights, explore our 2023 Global Innovation Report and witness the innovative tapestry woven by disruptors redefining the future of global innovation.
Your recommended content
-
Meet Hiro Life Sciences: Your Trusted AI Assistant for Accelerated Drug Discovery
Category: Article | Category: Drug Discovery | Category: life sciences
Tuesday, November 26, 2024
AI is revolutionizing drug discovery by providing rapid access to vast and complex datasets, enabling researchers to quickly uncover valuable insights and connections that would be otherwise difficult to observe. By automating routine tasks, enabling advanced analytics, and streamlining workflows, AI is poised to make the entire R&D process significantly more efficient.
-
Patsnap Surpasses US$100 Million in Annual Recurring Revenue
Category: Article | Category: News/PR
Wednesday, June 12, 2024
Patsnap has reached a significant milestone of achieving $100M in Annual Recurring Revenue (ARR), marking an impressive 20% year-over-year growth in 2023. This milestone highlights the massive and meaningful value our platform brings to over 12,000 IP and R&D teams across 50 countries, driving efficiency, productivity, and collaboration.
-
Introducing Hiro, an AI assistant built for IP and R&D workflows
Category: AI advancements | Category: AI development | Category: AI-tools | Category: Article | Category: artificial intelligence
Tuesday, May 14, 2024
Powered by Patsnap’s industry-specific LLM, Hiro is designed to streamline IP and R&D workflows from ideation to product launch. With its robust AI capabilities, Hiro brings a new level of efficiency, precision, and security to tasks that were once time-consuming and labor-intensive.What sets Hiro apart is that it draws from our large language model that’s been trained on market-leading patent records, academic papers, and proprietary innovation data. This ensures we deliver more accurate and reliable results for every prompt.