Comparing R&D spending in 2007 and 2015 reveals the new geography of innovation.
Sourced through Scoop.it from: www.strategy-business.com
94% of the world’s biggest innovators now conduct parts of their R&D programs abroad. But where they spend their R&D money has changed dramatically. Asia is now the top destination for corporate R&D spending, followed by North America and Europe.In 2007, the three regions were ranked in reverse order.