Cree. announced that Fast Company Magazine has ranked it among the Top 50 Most Innovative Companies worldwide. In addition to that distinction, the company has also been ranked number one in Fast Company’s annual Top 10 Most Innovative

Enterprises lack of market competitiveness, has contributed to Japan’s long economic slump, according to a Shanghai Stock Information Service report. The number of patent applications slid since reaching a pinnacle in 2000. The main cause has been the very little recognition and compensation Japanese employees have been receiving for their important inventions. Amendments to existing patent laws are expected to further aggravate the situation.

Philips Lumec blogger Jean-François Duquette highlights how industry insiders can learn and get new ideas from trade shows and conferences. Below is the blog entry:

Royal Philips has developed a media enabled luminous ceiling to simulate energizing daylight to comfort critically ill patients. The LED based ceiling has been introduced into clinical use by the Charité Campus Virchow Clinic in Berlin as part of a unique stress-reducing concept called “Parametric Spatial Design”. Hospital staff can enter the desired parameters and the large, sky like area which creates visuals and light moods customized to the situation of individual patients, enabled by software from ART+COM. The Clinic has implemented the concept in two of its intensive care patient rooms to enhance the healing environment for patients who are severely ill.

Cooper Bussmann and Cooper Lighting, divisions of Cooper Industries plc (NYSE: CBE), have been selected as Gold and Silver Medal winners in Consulting-Specifying Engineer magazine's 2010 Product of the Year competition. The annual reader-choice Product of the Year awards were created to provide information on the top new products in the field, with readers choosing Gold, Silver and Bronze Medal winners in ten categories.