Innovation’s New World Order

Asia is now the top regional destination for R&D spending, followed by North America and Europe.

Sourced through Scoop.it from: www.strategy-business.com

But the biggest movers among industries have been software and Internet companies. The industry increased R&D spending by 27.4% between 2014 and 2015. Software and Internet also had the largest average growth of any industry over the last 10 years — 13.2% — and passed industrials in 2015 to become the 4th-largest industry in terms of R&D spending. This rank change happened despite the fact that industrials companies posted the second-largest year-over-year increase, at 8.9%, and the 3rd-highest 10-year average increase, at 6.3%.

See on Scoop.itInternet of Things – Company and Research Focus

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