Location, Location—Innovation: Companies in key U.S. regions continue to dominate medtech innovation, but the names on their patents often come with overseas addresses.
When one thinks of important medical device innovators, large multinational companies such as Abbott, Boston Scientific, GE Healthcare, Johnson & Johnson, Medtronic, and Siemens all come to mind. But identifying the regional sources of the innovations that drive these companies' growth can be a complicated matter. Many of the medtech industry's largest companies play significant roles in developing and supporting centers of innovation, both within the United States and abroad. But universities, incubators, government agencies, and start-up companies also play measurable roles in defining the innovation capacity of a particular region. And then there is the matter of innovation quality ...Read Full Article