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- W2897735109 abstract "Purpose The purpose of this paper is to develop a meta-ranking of the world’s most innovative firms, which underscores the importance of external perceptions of innovativeness and of an innovation-based view on firm performance, including product, service, process, business model, management and organizational innovation. Design/methodology/approach This is an exploratory empirical paper, which integrates the results of five rankings of the world’s most innovative companies. Findings The five innovation rankings include a variety of companies based on different methods and strategic focus. This variety underscores the importance of a meta-ranking, whose multiple aggregation methods lead to consistent results. Only the following 11 companies are mentioned in at least three rankings, leading to a list of the 11 most innovative companies in the world: Amazon, Apple, Tencent, Google/Alphabet, Netflix, SpaceX, Tesla, Microsoft, IBM, Intel and General Electric. Overall, the meta-ranking is dominated by US companies from various industries with firms from China gaining importance. Originality/value The paper contributes to research into innovation antecedents and consequences by illustrating the importance of innovation perceptions. The meta-ranking highlights the need for pursuing different types of innovation, following the innovation-based view on firm performance with first-order and second-order innovations. Moreover, the results deepen our understanding of digital transformation and of capturing value from innovation in the digital economy because a considerable portion of the leading innovators has a business model emphasizing artificial intelligence and digital platforms, which have led to the generation of new and to the disruption of established markets." @default.
- W2897735109 created "2018-10-26" @default.
- W2897735109 creator A5024920328 @default.
- W2897735109 date "2018-10-22" @default.
- W2897735109 modified "2023-09-27" @default.
- W2897735109 title "The world’s most innovative companies: a meta-ranking" @default.
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- W2897735109 doi "https://doi.org/10.1108/jsma-07-2018-0065" @default.
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