Booz study of corporate R&D spend


Corporate innovation strategies are becoming more global – multinational companies are spending a significant – and growing – share of their R&D money outside the countries in which they are headquartered.


Booz & Company’s annual Global Innovation 1000 study found that in 2007, the top 80 U.S. corporate R&D spenders deployed US$80.1 billion of their $146 billion R&D funds overseas.


The top 50 European companies spent $51.4 billion of their $117 billion total outside the continent. In Japan, the top 43 Japanese firms exported $40.4 billion of their total $71.6 billion to other countries.

Go to Beyond Borders: The Global Innovation 1000 by Barry Jaruzelski and Kevin Dehoff


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