Ericsson has once again been named as one of the world’s most ground-breaking companies in the fourth annual Thomson Reuters Top 100 Global Innovators report. The award is another high point in what has been a fantastic year of achievements for the company as a whole.

Innovation is one of the most important driving forces of the global economy. Without people and organizations pushing boundaries and turning new ideas into tangible assets, wealth and job creation would stagnate. On November 6, 2014, Thomson Reuters honored Ericsson by acknowledging that our ambition and dedication to progress and invention puts Sweden on the map.

The Thomson Reuters 2014 Top 100 Global Innovators program uses patent data information as the basis for identifying the most innovative companies in the world. The report looks at the number of filings or grants a company has, as well as its global reach, the significance of the invention, and the success of the portfolio overall. It is designed to measure the attributes that are important to commercializing inventions on a global scale.

The report highlights the importance of patent law in securing modern business innovation. In today’s highly competitive global environment, the ability to protect original and forward-thinking ideas through intellectual property rights is just as important as research and business strategy, in allowing innovation to be commercialized and leveraged around the world.

Gustav Brismark, Vice President of Patent Strategies and Portfolio Management at Ericsson, stated; “Here at Ericsson, innovation has always been part of our DNA, and our work in IPR licensing allows us to continue to push towards the Networked Society.”