The Global innovation 1000 : what the top innovators get right : with careful attention to six key areas, companies can make the most of their R&D investment and outpace the competition

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<subTitle>: what the top innovators get right : with careful attention to six key areas, companies can make the most of their R&D investment and outpace the competition</subTitle>
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<abstract displayLabel="Summary">The companies in the Global Innovation 1000 spent US$782 billion on R&D in 2018. This represented record-high spending, and an increase of 11.4 percent over 2017. Year-on-year growth in 2018 was nearly four times as high as growth between 2016 and 2017, when spending increased by 3.2 percent. Revenues for the Global Innovation 1000 also increased by 11.4 percent, leaving R&D intensity, or innovation spending as a percentage of revenue, unchanged from 2017 (at 4.5 percent) and maintaining the 14-year high (see R&D and Revenue)</abstract>
<note type="statement of responsibility">Barry Jaruzelski, Robert Chwalik, Brad Goehle</note>
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<partNumber>Issue 93, Winter 2018</partNumber>
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