2017 GLOBAL INNOVATION 1000
The Strategy& Global Innovation 1000 study analyses spending at the world’s 1000 largest publicly listed corporate R&D spenders and is now in its 13th year
Amazon is the largest spender on R&D in the Global Innovation 1000 study, the first time the top spender is a high tech firm. All top four spenders are high tech companies.
Overall, Software & Internet industry companies continue to increase their year-onyear R&D spending, and the analysis shows that by 2018, Healthcare companies will surpass Computing & Electronics to become the largest industry in terms of R&D spending - the first time in 12 years of analysis.
Overall, Computing & Electronics, Healthcare, and Automotive are the top three industry sectors and represented 61.3% of global R&D spending in 2017.
Alphabet, Amazon, GE, IBM, and Microsoft all increased their ranking in the 10 Most Innovative Companies list, according to a global survey of R&D executives
R&D spending by companies based in China declined for the first time in the study, it increased in Japan for the first time in 4 years and continued to grow moderately in North America.