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-- -- Thomson -- out its second annual list of the 100 most innovative companies in the world.
I'm here with some of the highlights David Brown the president of Thomson Reuters.
I didn't we -- it earlier you know has gone through the list lot of US companies.
-- -- green companies but one country surprisingly missing.
That's correct side China actually is missing from the list this year.
When you look at individuals.
You know even talking about the apple Samsung patent -- so much lately.
Is it just about patents anyone else constitutes innovation it's gotta be the people to -- Sure you know from minute from an innovation standpoint there are lots of ways to innovate you know from a Thomson Reuters perspective we felt that we could use -- intellectual property information.
And financial data to Cora -- who successfully innovating and what kind of results is produced as a result of that innovation.
And so there's no doubt that people are factor business models packaging marketing they're all types of innovation we're focused on that the type of tangible innovation that.
It creates products services and and creates jobs.
Actually think this is -- feel good study -- -- a lot of American companies for Google eighteen T.
Lockheed market all made the list for the first time this year how come if it can possibly because of our research and development credit.
Yeah I think realistically there a lot of factors sub part of it has to do with economics so when you look around the world there was an increase in the United States and and an increase and in Asia.
There was decrease in Europe that I I don't think that when you read the paper every data that should come as a surprise given some of the economic pressure that Europe is facing.
That said they're also is -- shift slightly in the award he's in the industries that they represented.
When you look at the convergence of telephony computing the Internet and entertainment the Smartphone wars as you referred to.
There's a lot of action going on in technology and the United States is -- -- in in some ways to to be recognized not feel because of where they invest in RD.
Interestingly though to US government agencies need the list as well hot.
Contract's value you mentioned you know tax credits subsidies -- -- -- I think what you think about the time period that was used to evaluate you forties this year the period of time was 2009 through 2011.
So there was a lot of government activity associated with.
Funding -- both not just in terms of incentives for R&D.
But also government funding itself to drive innovation around environmentally friendly vehicles for instance in the automotive space.
When you look at the the department of the army the department of the navy there is obviously a lot of defense spending as well.
David Brown really cool study like I said feel good today Thomson Reuters IP solution thanks repeated time and stay put us in London.
No problem thanks -- big --
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