Trends in R&D spending of global Top 1000 companies

Strategy&, PwC's strategy consulting business, examined the R&D footprint of 1,000 companies listed on the global stock markets to understand how much they are spending on R&D, where and how that spend has shifted since their last study on this topic in 2008.
R&D is now a global activity for the vast majority of major corporations, as 94% conduct R&D in countries beyond their ‘home country’. Surveyed R&D professionals ranked access to talent and proximity to customers higher than tax advantages in choosing where to conduct R&D. Innovation spending has boomed in China and India since the 2008 study. More R&D is now conducted in Asia than in North America or Europe, according to PwC.
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Click here for the report’s factsheet (720 kB).

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