Top 20 Asian Picks For The Most Innovative Companies in The World.

Posted by: Bruce Nussbaum on April 22, 2008

We asked senior executives in Asia for their choices of The Most Innovative Companies and here is their list. It’s a bit different from the Global 25 Most Innovative Companies. McDonalds is No. 18 on the Asia list but No. 30 in the Global list.


Asian Execs’ Top 20:

1- Apple
2- Google
3- Toyota
4- Tata
5- Nintendo
6- Nokia
7- GE
8- Reliance
9- Microsoft
10- Sony
11- Samsung
12- IBM
13- HP
14- P&G
15- 3M
16- Goldman Sachs
17- Honda
18- McDonalds
19- BMW
20- Facebook

One big question—where are the Chinese companies when it comes to innovation? Why didn’t the nearly 3,000 senior managers in the BW/BCG survey put any Chinese company on the list of Top 50 companies, much less Top 25 or even Top 20 Asian companies?

I would add Lenovo because of its innovation. You?

Reader Comments

Observer

April 22, 2008 8:46 PM

It's simple...China has branded themselves as the world's product maker, and not the world's product innovator.

David C.

April 22, 2008 9:20 PM

China is known as the world leader in product counterfeiting and copying. That's why they are not on the list.

TATARELIANCE ?

April 22, 2008 11:06 PM

Tata and Reliance, sorry not trying to be rude here but what are they known for ?

the world's cheapest car

April 22, 2008 11:29 PM

The world's CHEAPEST car ? damn I never know making the world's cheapest car is an innovation.

ok

April 22, 2008 11:48 PM

ok while I agree with the rest, but why is tata innovative, is it because of that cheapest car or something ? i really can't imagine that car being thrown into the euro or american test.

and who is reliance ?

Katie Leung

April 23, 2008 12:07 AM

This list is so biased against Chinese companies, for example Lenovo with their X300 and the new line of Ideapad that won the CES 2008 award for the best laptop line and their upcomming ultra thin X400 and X500. And Lenovo is well known for its top notch quality notebooks among the laptop users.

Haier has won Red Dot design award in Germany with its products TV, household appliances present in the US, Australia, Europe.

Huawei, a telecom vendor that is winning many contracts around the world ranging from Italy, England, Spain, Middle East and Germany, and now working with many companies like Vodafone, Virgin, Telisca. It also was the 4th largest patent applicant in 2007 just behind Panasonic, Philips and Siemens with 1365 patents (larger than even some entire countries) recorded by the UN alone. It is also the first telecom company in the world to unveil the 3.5G data card with mobile TV functionality and HSUPA USB Modem combined with DVB-T/H technologies. It also won Red Dot design award in Germany for its wireless USB Internet device and Broadband USB Internet device that is now being supplied to Vodaphone, Virgin, 3G and T-mobile.

And ZTE.

Katie Leung

April 23, 2008 12:55 AM

Lenovo is commanding the largest PC shipment in Asia Pacific as well, plus They just unveiled their latest Ultra mobile Internet device Lenovo Ideadpad U8

Z

April 23, 2008 11:04 AM

thats because the last genuine chinese invention was over a thousand years ago: gunpowder

Chuck Frey

April 23, 2008 2:27 PM

China has made a major commitment to innovation, but it's still very early in the game. It takes years for R&D momentum to start to pay off. Don't discount the fact that there aren't any Chinese companies on this list now - there will be in the years ahead. It's just a matter of time.

Tony

May 7, 2008 5:17 PM

Huaweis patents in 2007 are more than two times the total patents filed by India in 2007. How did Tata and Reliance
land ahead of Huawei? I bet most of the executives interviewed are typical braggers from that country. Anyway, it is revenues that counts.

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Want to stop talking about innovation and learn how to make it work for you? Bruce Nussbaum takes you deep into the latest thinking about innovation and design with daily scoops, provocative perspectives and case studies. Nussbaum is at the center of a global conversation on the growing discipline of innovation and the deepening field of design thinking. Read him to discover what social networking works—and what doesn’t. Discover where service innovation is going and how experience design is shaping up. Learn which schools are graduating the most creative talent and which consulting firms are the hottest. And get his take on what the smartest companies are doing in the U.S., Asia and Europe, far ahead of the pack.

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