The most innovative companies are ...

After a decline in 2015, U.S. patenting activity rose to a record high in 2016. The U.S. Patent and Trademark Office granted 304,126 patents last year, up from 298,407 in 2015. The increase was largely driven by West Coast technology companies, including Amazon, Apple, AT&T, Boeing, IBM, Intel, Google, and Microsoft. According to a 24/7 Wall St. analysis of data provided by Information for Industry (IFI) Claims Patent Services, Korean conglomerate Samsung Electronics was granted the most patents in 2016. Including its major subsidiaries, Samsung was awarded more than 8,500 patents, slightly higher than IBM's 8,088 awarded patents.