List of companies by research and development spending

Summary

The following list sorts companies with the highest expenditures for research and development (R&D) for different years, mostly taken from the magazine Strategy+Business.

2020 top 10 edit

The 10 companies with the highest research and development expenses in 2020.[1]

Rank Company Country Sector Expenditures on R&D
(billions of US$)
1 Amazon   United States Software and Internet 42.74
2 Alphabet Inc.   United States Software and Internet 27.57
3 Huawei   China Computing and Electronics 22.04
4 Microsoft   United States Software and Internet 19.27
5 Apple   United States Computing and Electronics 18.75
5 Samsung Electronics   South Korea Computing and Electronics 18.75
6 Facebook   United States Software and Internet 18.45
7 Volkswagen Group   Germany Automotive
8 Intel   United States Computing and Electronics
9 Roche Holding   Switzerland Health Care
10 Johnson & Johnson   United States Health Care

2018 top 50 edit

The 50 companies with the highest research and development expenses in 2018.[2]

Rank Company Country Sector Expenditures on R&D
(billions of US$)
1 Amazon   United States Software and Internet 22.62
2 Alphabet Inc.   United States Software and Internet 16.23
3 Volkswagen Group   Germany Automotive 15.77
4 Samsung Electronics   South Korea Computing and Electronics 15.31
5 Microsoft   United States Software and Internet 14.74
6 Huawei   China Computing and Electronics 13.60
7 Intel   United States Computing and Electronics 13.10
8 Apple Inc.   United States Computing and Electronics 11.58
9 Roche Holding   Switzerland Health Care 10.80
10 Johnson & Johnson   United States Health Care 10.55
11 Daimler AG   Germany Automotive 10.40
12 Merck & Co.   United States Health Care 10.21
13 Toyota   Japan Automotive 10.02
14 Novartis   Switzerland Health Care 8.51
15 Ford Motor Company   United States Automotive 8.00
16 Facebook, Inc.   United States Software and Internet 7.75
17 Pfizer   United States Health Care 7.66
18 BMW   Germany Automotive 7.33
19 General Motors   United States Automotive 7.30
20 Robert Bosch GmbH   Germany Industrials 7.12
21 Honda   Japan Automotive 7.08
22 Sanofi   France Health Care 6.57
23 Bayer   Germany Health Care 6.19
24 Siemens   Germany Industrials 6.10
25 Oracle Corporation   United States Software and Internet 6.09
26 Cisco Systems   United States Computing and Electronics 6.06
27 GlaxoSmithKline   United Kingdom Health Care 6.05
28 Bristol-Myers Squibb   United States Health Care 5.96
29 Celgene   United States Health Care 5.92
30 Nokia   Finland Computing and Electronics 5.90
31 IBM   United States Computing and Electronics 5.79
32 Qualcomm   United States Computing and Electronics 5.47
33 AstraZeneca   United Kingdom/  Sweden Health Care 5.41
34 Eli Lilly and Company   United States Health Care 5.28
35 Fiat Chrysler Automobiles   Italy/  United States Automotive 5.14
36 AbbVie Inc.   United States Health Care 4.98
37 General Electric   United States Industrials 4.80
38 Dell   United States Computing and Electronics 4.76
39 Ericsson   Sweden Computing and Electronics 4.63
40 Nissan   Japan Automotive 4.62
41 Sony   Japan Computing and Electronics 4.32
42 Panasonic   Japan Computing and Electronics 4.23
43 Denso   Japan Automotive 4.21
44 SAP SE   Germany Software and Internet 4.03
45 Gilead Sciences   United States Health Care 3.73
46 Continental AG   Germany Automotive 3.73
47 Boehringer Ingelheim   Germany Health Care 3.69
48 Alibaba Group   China Software and Internet 3.63
49 Amgen   United States Health Care 3.56
50 Renault   France Automotive 3.55

2017 top 20 edit

The 20 companies with the highest research and development expenses in 2017 according to the Global Innovation 1000.[3]

Rank Company Country Sector Expenditures on R&D
(billions of US$)
1 Amazon   United States Software and Internet 16.1
2 Alphabet Inc.   United States Software and Internet 13.9
3 Intel   United States Computing and Electronics 12.7
4 Samsung   South Korea Computing and Electronics 12.7
5 Volkswagen Group   Germany Automotive 12.1
6 Microsoft   United States Software and Internet 12.0
7 Roche Holding   Switzerland Health Care 11.4
8 Merck & Co.   United States Health Care 10.1
9 Apple Inc.   United States Computing and Electronics 10.0
10 Novartis   Switzerland Health Care 9.6
11 Toyota   Japan Automotive 9.3
12 Johnson & Johnson   United States Health Care 9.1
13 General Motors   United States Automotive 8.1
14 Pfizer   United States Health Care 7.9
15 Ford Motor Company   United States Automotive 7.3
16 Daimler AG   Germany Automotive 6.9
17 Oracle Corporation   United States Software and Internet 6.8
18 Cisco Systems   United States Computing and Electronics 6.3
19 Honda   Japan Automotive 6.2
20 Facebook, Inc.   United States Software and Internet 5.9

2014 top 20 edit

The 20 companies with the highest research and development expenses in 2014 according to the Global Innovation 1000.[4]

Rank Company Country Sector Expenditures on R&D
(billions of US$)
1 Volkswagen Group   Germany Automotive 13.5
2 Samsung   South Korea Computing and Electronics 13.4
3 Intel   United States Computing and Electronics 10.6
4 Microsoft   United States Software and Internet 10.4
5 Roche Holding   Switzerland Health Care 10.0
6 Novartis   Switzerland Health Care 9.9
7 Toyota   Japan Automotive 9.1
8 Johnson & Johnson   United States Health Care 8.2
9 Google   United States Software and Internet 8.0
10 Merck & Co.   United States Health Care 7.5
11 General Motors   United States Automotive 7.2
12 Daimler AG   Germany Automotive 7.0
13 Pfizer   United States Health Care 6.7
14 Amazon   United States Software and Internet 6.4
15 Ford Motor Company   United States Automotive 6.4
16 Sanofi Aventis   France Health Care 6.3
17 Honda   Japan Automotive 6.3
18 IBM   United States Computing and Electronics 6.2
19 GlaxoSmithKline   United Kingdom Health Care 6.1
20 Cisco Systems   United States Computing and Electronics 5.9

2011 top 20 edit

The 20 companies with the highest research and development expenses in 2011 according to the Global Innovation 1000.[5]

Rank Company Country Sector Expenditures on R&D
(millions of US$)
1 Roche Holding   Switzerland Health Care 9,646
2 Pfizer   United States Health Care 9,413
3 Novartis   Switzerland Health Care 9,070
4 Microsoft   United States Software and Internet 8,714
5 Merck & Co.   United States Health Care 8,591
6 Toyota   Japan Automotive 8,546
7 Samsung   South Korea Computing and Electronics 7,873
8 Nokia   Finland Computing and Electronics 7,778
9 General Motors   United States Automotive 6,962
10 Johnson & Johnson   United States Health Care 6,844
11 Intel   United States Computing and Electronics 6,576
12 Panasonic   Japan Computing and Electronics 6,176
13 GlaxoSmithKline   United Kingdom Health Care 6,127
14 Volkswagen Group   Germany Automotive 6,086
15 IBM   United States Computing and Electronics 6,026
16 Sanofi Aventis   France Health Care 5,836
17 Honda   Japan Automotive 5,704
18 AstraZeneca   United Kingdom Health Care 5,318
19 Cisco Systems   United States Computing and Electronics 5,273
20 Siemens   Germany Industrials 5,217

2008 top 20 edit

The 20 companies with the highest research and development expenses in 2008 according to the Global Innovation 1000.[6]

Rank Company Country Sector Expenditures on R&D
(millions of US$)
1 Toyota   Japan Automotive 8,386
2 General Motors   United States Automotive 8,100
3 Pfizer   United States Health Care 8,089
4 Nokia   Finland Computing and Electronics 7,727
5 Johnson & Johnson   United States Health Care 7,680
6 Ford Motor Company   United States Automotive 7,500
7 Microsoft   United States Software and Internet 7,121
8 Roche Holding   Switzerland Health Care 6,985
9 Samsung   South Korea Computing and Electronics 6,536
10 GlaxoSmithKline   United Kingdom Health Care 6,476
11 Novartis   Switzerland Health Care 6,430
12 Sanofi Aventis   France Health Care 6,208
13 IBM   United States Computing and Electronics 6,153
14 Intel   United States Computing and Electronics 5,755
15 AstraZeneca   United Kingdom Health Care 5,162
16 Honda   Japan Automotive 5,142
17 Merck & Co.   United States Health Care 4,883
18 Panasonic   Japan Computing and Electronics 4,850
19 Volkswagen Group   Germany Automotive 4,757
20 Sony   Japan Computing and Electronics 4,553

References edit

  1. ^ Bajpai, Prableen. "Which Companies Spend the Most in Research and Development (R&D)?".
  2. ^ Skillicorn, Nick (2019-08-28). "Top 1000 companies that spend the most on Research & Development (charts and analysis)". Idea to Value. Retrieved 2020-02-07.
  3. ^ Chwalik, Barry Jaruzelski, Volker Staack, and Robert. "Will Stronger Borders Weaken Innovation?". strategy+business. Retrieved 2020-02-07.{{cite web}}: CS1 maint: multiple names: authors list (link)
  4. ^ Goehle, Barry Jaruzelski, Volker Staack, and Brad. "The Global Innovation 1000: Proven Paths to Innovation Success". strategy+business. Retrieved 2020-02-07.{{cite web}}: CS1 maint: multiple names: authors list (link)
  5. ^ Holman, Barry Jaruzelski, John Loehr, and Richard. "The Global Innovation 1000: Why Culture Is Key". strategy+business. Retrieved 2020-02-07.{{cite web}}: CS1 maint: multiple names: authors list (link)
  6. ^ Dehoff, Barry Jaruzelski and Kevin. "Beyond Borders: The Global Innovation 1000". strategy+business. Retrieved 2020-02-07.