This year’s Top 100 Global Innovators are out. Eleven Taiwan-based organizations made the cut, making Taiwan the third most-awarded country in the world. The award’s organizer, global information services provider Clarivate, lauded Taiwan for its intellectual property strategy. The honorees include TSMC, MediaTek, Hon Hai, and the Industrial Technology Research Institute, or ITRI, which was being recognized for the eighth year.

Industry leaders stand in file, as they’re recognized for being among the Top 100 Global Innovators. This year’s honorees include TSMC, MediaTek, ITRI, Hon Hai, and Coretronic. For ITRI, it’s the eighth time earning the distinction.

Edwin Liu
ITRI president
Of course we’ve worked tirelessly. We want our researchers to orient their work toward market demands, to amplify the impact of our patents and intellectual property. The hope is to monetize intangible assets. We’ve launched a so-called financing program for intangible assets. This can be of significant help to startups in their early stages.

ITRI has made a strong push to diversify and monetize patents. It’s helped small and medium-sized enterprises use their patents to secure bank financing. At the same time, it’s stayed committed to forward-looking and interdisciplinary research and development, achieving a considerable global impact. This year, ITRI received the most awards out of any Asia-Pacific research institution.

Vasheharan Kanesarajah
Clarivate vice president
…not just in semiconductors, which everyone knows Taiwan’s expertise in. But also high-tech areas as well, and electronics. …and Taiwan plays a very important role in that global innovation ecosystem.

Since 2011, global information services provider Clarivate has ranked the world’s top organizations in tech research and innovation. Innovation is measured by factors like the number of patents, the quality of the patented ideas, and their impact. This year’s list recognized 11 organizations in Taiwan, which were chosen among 1.1 million organizations worldwide. Taiwan ranked third in the world for the fourth consecutive year.

Wang Mei-hua
Economics minister
With regard to innovation, the government has an extremely comprehensive blueprint and executive strategy for local investment, R&D subsidies, and talent development. This year’s budget for the plan reaches NT$156.9 billion.

With strong government support and industry leadership, Taiwan has gained global acclaim for its innovation.

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