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Tuesday, 1 November 2011

Worlds Biggest R&D Spenders

Companies around the world spend billions of dollars every year on Research and Development (RandD) and pour thousands of man hours into finding the next biggest break in their sector of the global market. Is it all worth it?

This link shows the top selected RandD spenders in the world in 2008, is it what you expected?


Toyota: Toyota motor company spends more than $1million every hour on R&D and in 2009 spent more than $9 billion on RandD. This putting them number 1 in the world.

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  1. Mr. Hughes1 November 2011 at 20:31

    Absolutely loving this post! Here's what I think is most interesting:

    "Three of the five biggest spenders are carmakers, but pharmaceutical and biotechnology companies also pour money into R&D. "

    Just like we talked about in class.

    Well done Archie finding a comprehensive and reliable source for putting some of our class discussions into context. Ping no 3 is awarded!

    Mr. Hughes

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