The award ceremony, which is more like an Oscar ceremony, brought two awards to Spanish woman inventor Margarita Falgares, and all other awards went globally, from Japan to Australia.
This year the ceremony took place in Vienna, where innovators from many fields were awarded, from innovations in the field of medicine and ecology to creators of lithium batteries.
Apart from being inventors, they are also owners of their intellectual works.
The process of patenting intellectual property is extremely important for the development, both of a specific country and of the whole of Europe and the world, which ultimately leads to the development of the whole, global, society. In this respect, Europe has one of the strongest intellectual property organizations represented in the person of the European Patent Organization (EPO).
During the process of registering a patent, the filed invention is checked in the EPO database, which contains 1.2 billion records, and then each idea is reviewed by a three-member jury.
How detailed that process is is shown by the fact that the three largest patent companies in the EPO system, Siemens, Huawei and Samsung, received the green light for barely half of the proposed patents.
Such events are extremely important, because they show the most productive minds on the planet, as is the case with the Japanese Akiro Yoshino, this year's winner of the Innovators Award from countries outside the EPO.
Yoshino is the inventor of the lithium battery and its development, an element that is key to the operation of all smartphones and many other electronic devices. At the awards ceremony, 71-year-old Yoshino said he wanted to be alive long enough to see lithium batteries used in cars, just as massively as on smartphones.
"Intellectual property is 85-90% of the price of a startup. When we look at investing in a startup, we are actually assess the value of intellectual property," said Ingrid Spilma, a venture capital fund adviser, during a session in Vienna.
Thomas Rainer, vice president of sensor company AMS, added that the number of patents is a particularly important metric for investors and business partners.
"Most of the startups do not know the true value of a good patent portfolio," he said in Vienna.
In the industry category, Klaus Feichtinger and Manfred Hackl from Austria won the award for patenting a new way of recycling plastics and processing recycled material into high quality new products. Their machines process 14.5 million tons of plastic a year.
In the research category, the award went to Jerome Gallon from France, the creator of the instrument for accurate cancer diagnosis, immunoscore. The instrument uses digital imaging and software to assess the possibility of cancer recurrence.
The award in the SME category went to Rick Breuer from the Netherlands, the creator of a protective layer for ships, which protects against underwater deposits and reduces fuel consumption.
The category "Countries outside the EPO" was filled by the creator of the lithium battery, the Japanese Akura Yoshino, whose innovation is used today in five billion devices, from smartphones to laptops and cars.
The award from the audience and for the overall contribution was taken by Margarita Salas Falgeras from Spain, whose innovation enables faster, simpler and more reliable detection of DNA traces, large enough for research. Its innovations are used in oncology, criminology, archeology and other fields.