Trevor Baylis, who created the wind-up radio, is to receive his CBE today.
The inventor, who will be honoured at Windsor Castle, said when the award was announced in the New Year Honours list that he hoped it would help his fight to make the theft of intellectual property a ''white-collar crime''.
The 77-year-old, who was previously awarded an OBE for his invention, said in many ways the latest honour for services to intellectual property meant more to him.
He has called for the theft of ideas to be made a criminal offence since 2009, and says the laws on intellectual property should be strengthened to protect enterprising Britons.
He said: ''It's crazy when you think that the Empire was built on great inventions.
''I always say art is pleasure, invention is treasure. We take the paper clip for granted but nobody knows who invented it.''
He has previously said he received almost none of the profits from his radio, which sold in millions around the world, and several follow-up products because he lost control over the product due to the quirks of patent law when his original design was tweaked.
He said: ''I'm still more interested in ensuring that if someone does have a good idea, they don't get ripped off like a turkey.
''We're not protecting our inventors because it costs a fortune to employ a patent attorney.
''If, when the money rolls in and the inventor doesn't gain, why invent?''
Mr Baylis, who lives on Eel Pie Island in the River Thames near Twickenham, r emains the president of Trevor Baylis Brands, which sets out to provide help for inventors.
Also being honoured is Edward Gillespie, who helped turn the Cheltenham Festival into one of the highlights of the sporting year, and receives an OBE for services to horse racing.
Gillespie, 62, spent 32 years in charge at the home of National Hunt racing, renowned worldwide for its four-day festival in March, until he decided it was time he took on new challenges in 2012.
Appointed at the tender age of 27 in 1980, he developed Cheltenham into one of Britain's top sporting venues and oversaw 100 festival meeting days.
When the honour was announced, he said: '' I'm extremely privileged to have joined a group of people in racing who have a similar honour. I've looked at the list and I feel very privileged.
''Perhaps it reflects the way I've gone about my business, how I've done things as well as what I've done.
''I was privileged to arrive at Cheltenham at 27 years old and hang on in there until I was 60. I was one of the fixed points of racing. Most people change their jobs occasionally and I didn't.
''I was there in a period that goes back as far as Michael Dickinson, Fred Winter and Fulke Walwyn and horses like Desert Orchid.
''It was a period of growth for jump racing. I think jump racing is as strong now as it ever has been and Cheltenham successfully so.
''I hope it's not just about Cheltenham. I hope it's about giving a lasting contribution to the sport we all love."
Since leaving his Cheltenham role, he has been free to throw himself into several projects including chairing Cheltenham Music Festival and a large charitable trust in Gloucestershire which distributes about £450,000 a year.
Others honoured include Heather Shepherd, 55, from Shrewsbury, who receives an MBE for services to the community, particularly those at risk of flooding.
She has given exceptional support to people in communities where there have been floods, most recently in 2013/14 in West Sussex and Surrey but also following the 2007 floods in Yorkshire, in Cumbria in 2009, in West Sussex, Calderdale and Wales in 2012.
She puts in long hours, living out of suitcases travelling around the country, helping communities recover from flooding.
She currently supports more than 200 local community flood groups in England.
Also receiving an MBE is the curator of the Guards Museum, Andrew Wallis, for services to the commemoration of national heritage and charity.
Under the leadership of the 59-year-old from Bedfordshire the museum in London has significantly developed its commercial activities, adding a thriving shop, a high quality corporate entertainment business, and profitable tailoring and medal services.
He has also been responsible for the launch and delivery of several high profile projects, including the Flanders Field 1914-2014 Memorial Garden at Wellington Barracks, in conjunction with Flanders House in London, the Commonwealth War Graves Commission and the Belgian-Luxembourg Chamber of Commerce in Great Britain.
The garden was opened by the Queen last year.