Top R&D Companies
By walterbays on Dec 08, 2005
IEEE Spectrum just published their annual survey of R&D spending. Sun ranked 56th in total spending at $1.8 billion, just behind Proctor & Gamble and ahead of Renault. The top 10 unsurprisingly include big auto manufacturers and pharmaceutical companies, and just one entry from the computer industry. You guessed it - Microsoft.
Sun really does very well on R&D as percent of sales. Innovation costs money.
|Rank||Company||R&D ($B)||% of Sales|
|9||Glaxo Smith Kline||5.3||13.9%|
|10||Johnson & Johnson||5.2||11.0%|
Again, the full article with complete tables for the top 100 are available at the IEEE web site, to members and non-members alike.