Top 10 Most Innovative Industries
“Innovate or die!” said Jack Matson, the professor of Penn State University. Every industry is innovating, but not all of them innovate at equal pace. The most common measurement of innovativeness in the company and industry is the amount of patents they apply for in any given year. Besides number of patents, the other criteria that plays role in distinguishing most innovative industry are volume, success, globalization and influence. For this reason, ranks are mostly dominated by technology related industries due to the amount of new devices, software and so forth they are forced to develop in order to keep ahead of the competition.
The list of Top 10 Most Innovative Industries shows what great changes are happening in the industries right now and what is going to happen in the future.
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- Information Technology
- Medical devices
- Home appliances
- Aerospace and defense