Xerox Corp. (Stamford, CT) prides itself on innovation. In fact, the word frequently appears in the company's advertising and promotional literature. And, every year, Xerox engineers file for and receive hundreds of patents. For instance, the company received 520 U.S. patents in 2004.
Xerox has received more than 16,000 patents since it was founded more than 50 years ago. Last year, the company generated two-thirds of its equipment sales from products launched in the last two years.