Business Week has just published their annual ranking of the most innovative companies (based on a survey of top executives by the Boston Consulting Group). They are:
1. Apple
2. Google
3. Toyota
4. Microsoft
5. Nintendo
6. IBM
7. Hewlett-Packard
8. Research in Motion
9. Nokia
10. Wal-Mart Stores
11. Amazon.com
12. Proctor & Gamble
13. Tata
14. Sony
15. Reliance Industries
16. Samsung Electronics
17. General Electric
18. Volkswagen
19. McDonald’s
20. BMW
21. Walt Disney
22. Honda Motor
23. AT&T
24. Coca-Cola
25. Vodafone
The Creativity Guru 
Could be great to know why they have been selected…
The link in the blog post has information about the methodology.
And, I discuss the issues with measuring innovation in another post:
https://keithsawyer.wordpress.com/2009/02/24/how-to-measure-innovation/
[…] They promise and it shows Their products are beautiful and perform the way their advertising touts. Their users, employees, and even competitors sing their praises. The first company that comes to mind, of course, is Apple. Or maybe Google, Toyota, Nintendo, Procter & Gamble… You know the kind. They show up on lists of Most Innovative Companies. […]