21st dec, 2007

The worlds most innovative companies / update

IEEE spectrum has published the top 100 R&D spenders. At the top of the list is Toyota with a spending of 7486 million $ on R&D. Toyota is followed by Pfeizer, Ford and J&J. The only Danish company on the list is Novo Nordisk on a 88th place with a spending of 1122 milllion $.

An interesting fact is that if you focus the medical companies they all spend an average of 50K $ or more pr. employee on R&D whereas Toyota and Ford fx only spends 25K. Why the difference? Is it easier, as in cheaper to invent in other sectors, are there fewer and more expensive employees in medical companies??

********Update********

I did a little nerdy research and have compiled this neat table

This shows that massive spending in R&D does not nessecarily show up in the number of patents granted. The colum with the name Booz Allen represents the Booz Allen Hamilton ranking of the worlds most innovative companies.

Responses

“Why the difference?”

Because car companies involves a larger labor component of non-R&D production, than pharmaceutical companies?

“Is it easier, as in cheaper to invent in other sectors, are there fewer and more expensive employees in medical companies??”

The “R&D EXPENDITURES PER EMPLOYEE” does not seem relevant to those questions.

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