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The global leaders in R&D

There were significant changes in the 25 leading global investors in R&D in 2007. Microsoft invested the most of any company having been fourth in the list in the previous year

The biggest climber in the Top 25 was Nokia, which increased investment in R&D by 42% over the last year. The firm which dropped the most places in the Top 25 was Siemens, which fell from eighth place to twenty-second. Other significant rises were General Motors (to second), Roche (to eighth) and Volkswagen (to ninth).

The global list is dominated by firms from the automobiles and parts and pharmaceuticals and biotechnology sectors.

Compared with last year’s Scoreboard, there is now one more UK firm in the 25 largest global investors in R&D: AstraZeneca joined GlaxoSmithKline amongst the largest investors in R&D in 2007 having leaped to nineteenth position in this year’s Scoreboard (see Table 2). GlaxoSmithKline, on the other hand, has fallen seven places from seventh position to thirteenth over the course of the year.


Table 2: Top 25 global companies by R&D expenditure (2007)

Rank
2008
Company Sector Country R&D
(£m)
Growth in R&D over last year (%) Rank
2007
1 Microsoft Software & computer services USA 4,101 14.6 4
2 General Motors Automobiles & parts USA 4,069 22.7 9
3 Pfizer Pharmaceuticals & biotechnology USA 4,064 6.4 1
4 Toyota Motor Automobiles & parts Japan 4,006 9.6 6
5 Nokia Technology hardware & equipment Finland 3,879 42.3 17
6 Johnson & Johnson Pharmaceuticals & biotechnology USA 3,858 7.8 3
7 Ford Motor Automobiles & parts USA 3,768 4.2 2
8 Roche Pharmaceuticals & biotechnology Switzerland 3,680 25.9 15
9 Volkswagen Automobiles & parts Germany 3,616 16.1 14
10 Daimler Automobiles & parts Germany 3,590 -6.6 5
11 Sanofi-Aventis Pharmaceuticals & biotechnology France 3,351 3.6 12
12 Samsung Electronics Electronic & electrical equipment South Korea 3,260 6.3 10
13 GlaxoSmithKline Pharmaceuticals & biotechnology UK 3,246 -6.1 7
14 Novartis Pharmaceuticals & biotechnology Switzerland 3,222 21.1 16
15 Intel Technology hardware & equipment USA 2,891 -2.0 11
16 IBM Software & computer services USA 2,887 1.3 13
17 Robert Bosch Automobiles & parts Germany 2,615 4.8 20
18 Matsushita Electric Leisure goods Japan 2,600 2.4 19
19 AstraZeneca Pharmaceuticals & biotechnology UK 2,533 29.8 n/a
20 Honda Motor Automobiles & parts Japan 2,482 8.1 22
21 Alcatel-Lucent Technology hardware & equipment France 2,474 69.4 n/a
22 Siemens Electronic & electrical equipment Germany 2,472 1.7 8
23 Merck Pharmaceuticals & biotechnology USA 2,453 2.1 18
24 Sony Leisure goods Japan 2,446 2.3 21
25 BMW Automobiles & parts Germany 2,309 -2.0 23
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