Forbes has released a list of the most 100 innovative companies in the world, with Swedish and Chinese PMV companies making the cut.
Based on the calculation of an “innovation premium,” based on a company’s market capitalisation compared to anticipated cash flows from the company, Forbes listing ignored industry heavyweights such as Caterpillar, Komatsu, Hitachi and JCB.
Instead it was Sandvik and Atlas Copco, Sany and Zoomlion who made list of most innovative companies.
See the list here.
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