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While there are many big companies in the world not all companies invest capital and time in innovation. Let's take a look at some of the most innovative companies in the world.
Source: 24/7 Wall St
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International Business Machines
Patent grants in 2012: 6,478
Country: United States
Profits: $15.9 billion
Sales: $106.9 billion
Five-year stock price change: 90.1 per cent
Size: 32nd largest in the world
Global rank in innovation: 1
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Samsung Electronics
Patent grants in 2012: 5,081
Country: South Korea
Profits: $11.5 billion
Sales: $142.4 billion
Five-year stock price change: 190.5 per cent
Size: 26th largest in the world
Global rank in innovation: 2
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Canon
Patent grants in 2012: 3,174
Country: Japan
Profits: $3.2 billion
Sales: $46.2 billion
Five-year stock price change: Minus 33.5 per cent
Size: 149th largest in the world
Global rank in innovation: 3
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Sony Corporation
Patent grants in 2012: 3,032
Country: Japan
Profits: Minus $5.5 billion
Sales: $78.9 billion
Five-year stock price change: Minus 79.5 per cent
Size: 477th largest in the world
Global rank in innovation: 4
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Panasonic Corporation
Patent grants in 2012: 2,769
Country: Japan
Profits: $0.9 billion
Sales: $104.6 billion
Five-year stock price change: Minus 76.1 per cent
Size: 224th largest in the world
Global rank in innovation: 5
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Microsoft Corporation
Patent grants in 2012: 2,613
Country: United States
Profits: $17.0 billion
Sales: $73.7 billion
Five-year stock price change: Minus 26.7 per cent
Size: 42nd largest in the world
Global rank in innovation: 6
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Toshiba
Patent grants in 2012: 2,447
Country: Japan
Profits: $1.7 billion
Sales: $77.0 billion
Five-year stock price change: Minus 57.4 per cent
Size: 205th largest in the world
Global rank in innovation: 7
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Hon Hai Precision Industry
Patent grants in 2012: 2,013
Country: Taiwan
Profits: $2.6 billion
Sales: $102.6 billion
Five-year stock price change: Minus 51.58 per cent
Size: 156th largest in the world
Global rank in innovation: 8
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General Electric
Patent grants in 2012: 1,652
Country: United States
Profits: $14.2 billion
Sales: $147.3 billion
Five-year stock price change: Minus 40.57 per cent
Size: Third largest in the world
Global rank in innovation: 9
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LG Electronics
Patent grants in 2012: 1,624
Country: South Korea
Profits: Minus $0.4 billion
Sales: $46.8 billion
Five-year stock price change: Minus 20.1 per cent
Size: 697th largest in the world
Global rank in innovation: 10