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The Top Innovators & Spenders

In each of the eight Global Innovation 1000 studies, Booz & Company has identified and published the top 20 publicly-traded companies worldwide that spent the most on R&D. In addition, for the past three years we have asked the Global Innovation 1000 survey respondents to name the companies they thought were the world’s most innovative.

Click on the tabs below to learn more about the Top 10 Innovators or Top 20 R&D Spenders in the last years.

2005 Top 20 R&D Spenders 2005 Rank 2004 Rank Company Geography Industry R&D Spend ($Bn)* 1 - - Microsoft United States Software & Internet 7.8 2 - - Pfizer United States Health 7.7 3 - - Ford United States Automotive 7.4 4 - - Daimler Germany Automotive 7.0 5 - - Toyota Japan Automotive 7.0 6 - - GM United States Automotive 6.5 7 - - Siemens Germany Industrials 6.2 8 - - Matsushita (Panasonic) Japan Computing & Electronics 5.7 9 - - IBM United States Computing & Electronics 5.7 10 - - Johnson & Johnson United States Health 5.2 11 - - GlaxoSmithKline United Kingdom Health 5.2 12 - - Intel United States Computing & Electronics 4.8 13 - - Volkswagen Germany Automotive 4.7 14 - - Sony Japan Computing & Electronics 4.7 15 - - Nokia Finland Computing & Electronics 4.6 16 - - Honda Japan Automotive 4.4 17 - - Samsung South Korea Computing & Electronics 4.3 18 - - Novartis Switzerland Health 4.2 19 - - Roche Switzerland Health 4.1 20 - - Merck United States Health 4.0 * R&D spend data is based on the most recent full-year figures reported prior to July 1st.

2006 Top 20 R&D Spenders 2006 Rank 2005 Rank Company Geography Industry R&D Spend ($Bn)* 1 3 Ford United States Automotive 8.0 2 2 Pfizer United States Health 7.4 3 5 Toyota Japan Automotive 7.2 4 4 Daimler Germany Automotive 7.0 5 6 GM United States Automotive 6.7 6 7 Siemens Germany Industrials 6.5 7 10 Johnson & Johnson United States Health 6.3 8 1 Microsoft United States Software &Internet 6.2 9 9 IBM United States Computing & Electronic 5.8 10 11 GlaxoSmithKline United Kingdom Health 5.7 11 17 Samsung South Korea Computing & Electronic 5.4 12 12 Intel United States Computing & Electronic 5.1 13 13 Volkswagen Germany Automotive 5.1 14 31 Sanofi-Aventis France Health 5.0 15 8 Matsushita (Panasonic) Japan Computing & Electronic 5.0 16 18 Novartis Switzerland Health 4.8 17 15 Nokia Finland Computing & Electronic 4.8 18 14 Sony Japan Computing & Electronic 4.7 19 19 Roche Switzerland Health 4.7 20 16 Honda Japan Automotive 4.5 * R&D spend data is based on the most recent full-year figures reported prior to July 1st.

2007 Top 20 R&D Spenders 2007 Rank 2006 Rank Company Geography Industry R&D Spend ($Bn)* 1 3 Toyota Japan Automotive 7.6 2 2 Pfitzer United States Health 7.6 3 1 Ford United States Automotive 7.2 4 7 Johnson & Johnson United States Health 7.1 5 4 Daimler Germany Automotive 6.7 6 5 GM United States Automotive 6.6 7 8 Microsoft United States Software & Internet 6.6 8 10 GlaxoSmithKline United Kingdom Health 6.4 9 6 Siemens Germany Industrials 6.2 10 9 IBM United States Computing & Electronics 6.1 11 11 Samsung South Korea Computing & Electronics 6.0 12 12 Intel United States Computing & Electronics; 5.9 13 14 Sanofi-Aventis France Health 5.6 14 16 Novartis Switzerland Health 5.3 15 13 Volkswagen Germany Automotive 5.3 16 19 Roche Switzerland Health 5.3 17 15 Matsushita (Panasonic) Japan Computing & Electronics 4.9 18 17 Nokia Finland Computing & Electronics 4.9 19 22 Merck United States Health 4.8 20 20 Honda Japan Automotive 4.7 * R&D spend data is based on the most recent full-year figures reported prior to July 1st.

2008 Top 20 R&D Spenders 2008 Rank 2007 Rank Company Geography Industry R&D Spend ($Bn)* 1 1 Toyota Japan Automotive 8.4 2 6 GM United States Automotive 8.1 3 2 Pfizer United States Health 8.1 4 18 Nokia Finland Computing & Electronics 7.7 5 4 Johnson & Johnson United States Health 7.7 6 3 Ford United States Automotive 7.5 7 7 Microsoft United States Software & Internet 7.1 8 16 Roche Switzerland Health 7.0 9 11 Samsung South Korea Computing & Electronics 6.5 10 8 GlaxoSmithKline United Kingdom Health 6.5 11 14 Novartis Switzerland Health 6.4 12 13 Sanofi-Aventis France Health 6.2 13 10 IBM United States Computing & Electronics 6.2 14 12 Intel United States Computing & Electronics 5.8 15 25 AstraZeneca United Kingdom Health 5.2 16 20 Honda Japan Automotive 5.1 17 19 Merck United States Health 4.9 18 17 Matsushita (Panasonic) Japan Computing & Electronics 4.8 19 15 Volkswagen Germany Automotive 4.8 20 21 Sony Japan Computing & Electronics 4.6 * R&D spend data is based on the most recent full-year figures reported prior to July 1st.

2009 Top 20 R&D Spenders 2009 Rank 2008 Rank Company Geography Industry R&D Spend ($Bn)* 1 1 Toyota Japan Automotive 9.0 2 4 Nokia Finland Computing & Electronics 8.7 3 8 Roche Switzerland Health 8.2 4 7 Microsoft United States Software & Internet 8.2 5 2 GM United States Automotive 8.0 6 3 Pfizer United States Health 7.9 7 5 Johnson & Johnson United States Health 7.6 8 6 Ford United States Automotive 7.3 9 11 Novartis Switzerland Health 7.2 10 12 Sanofi-Aventis France Health 6.7 11 10 GlaxoSmithKline United Kingdom Health 6.4 12 9 Samsung South Korea Computing & Electronics 6.4 13 13 IBM United States Computing & Electronics 6.3 14 14 Intel United States Computing & Electronics 5.7 15 21 Siemens Germany Industrials 5.7 16 16 Honda Japan Automotive 5.6 17 19 Volkswagen Germany Automotive 5.4 18 15 AstraZeneca United Kingdom Health 5.2 19 22 Cisco United States Computing & Electronics 5.2 20 18 Panasonic Japan Computing & Electronics 5.2 * R&D spend data is based on the most recent full-year figures reported prior to July 1st.

2010 Top 10 Most Innovative Companies 2010 Rank 2009 Rank Company Geography Industry R&D Spend ($Bn)* 1 - - Apple United States Computing & Electronics 1.3 2 - - Google United States Software & Internet 2.8 3 - - 3M United States Industrials 1.3 4 - - General Electric United States Industrials 3.3 5 - - Toyota Japan Automotive 7.8 6 - - Microsoft United States Software & Internet 9.0 7 - - Procter & Gamble United States Consumer 2.0 8 - - IBM United States Computing & Electronics 5.8 9 - - Samsung South Korea Computing & Electronics 6.0 10 - - Intel United States Computing & Electronics 5.7 * R&D spend data is based on the most recent full-year figures reported prior to July 1st.

2010 Top 20 R&D Spenders 2010 Rank 2009 Rank Company Geography Industry R&D Spend ($Bn)* 1 3 Roche Switzerland Health 9.1 2 4 Microsoft United States Software & Internet 9.0 3 2 Nokia Finland Computing & Electronics 8.2 4 1 Toyota Japan Automotive 7.8 5 6 Pfizer United States Health 7.7 6 9 Novartis Switzerland Health 7.5 7 7 Johnson & Johnson United States Health 7.0 8 10 Sanofi-Aventis France Health 6.4 9 11 GlaxoSmithKline United Kingdom Health 6.2 10 12 Samsung South Korea Computing & Electronics 6.0 11 5 GM United Kingdom Automotive 6.0 12 13 IBM United States Computing & Electronics 5.8 13 14 Intel United States Computing & Electronics 5.7 14 23 Merck United States Health 5.6 15 17 Volkswagen Germany Automotive 5.4 16 15 Siemens Germany Industrials 5.3 17 19 Cisco United States Computing & Electronics 5.2 18 20 Panasonic Japan Computing & Electronics 5.1 19 16 Honda Japan Automotive 5.0 20 8 Ford United States Automotive 4.9 * R&D spend data is based on the most recent full-year figures reported prior to July 1st.

2011 Top 10 Most Innovative Companies 2011 Rank 2010 Rank Company Geography Industry R&D Spend ($Bn)* 1 1 Apple United States Computing & Electronics 1.8 2 2 Google United States Software & Internet 3.8 3 3 3M United States Industrials 1.4 4 4 General Electric United States Industrials 3.9 5 6 Microsoft United States Software & Internet 8.7 6 8 IBM United States Computing & Electronics 6.0 7 9 Samsung South Korea Computing & Electronics 7.9 8 7 Procter & Gamble United States Consumer 2.0 9 5 Toyota Japan Automotive 8.6 10 New - Facebook United States Software & Internet -** * R&D spend data is based on the most recent full-year figures reported prior to July 1st. ** Not reported

2011 Top 20 R&D Spenders 2011 Rank 2010 Rank Company Geography Industry R&D Spend ($Bn)* 1 1 Roche Switzerland Health 9.6 2 5 Pfizer United States Health 9.4 3 6 Novartis Switzerland Health 9.1 4 2 Microsoft United States Software & Internet 8.7 5 14 Merck United States Health 8.6 6 4 Toyota Japan Automotive 8.5 7 10 Samsung South Korea Computing & Electronics 7.9 8 3 Nokia Finland Computing & Electronics 7.8 9 11 GM United States Automotive 7.0 10 7 Johnson & Johnson United States Health 6.8 11 13 Intel United States Computing & Electronics 6.6 12 18 Panasonic Japan Computing & Electronics 6.2 13 9 GlaxoSmithKline United Kingdom Health 6.1 14 15 Volkswagen Germany Automotive 6.1 15 12 IBM United States Computing & Electronics 6.0 16 8 Sanofi-Aventis France Health 5.8 17 19 Honda Japan Automotive 5.7 18 22 AstraZeneca United Kingdom Health 5.3 19 17 Cisco United States Computing & Electronics 5.3 20 16 Siemens Germany Industrials 5.2 * R&D spend data is based on the most recent full-year figures reported prior to July 1st.

2012 Top 10 Most Innovative Companies 2012 Rank 2011 Rank Company Geography Industry R&D Spend ($Bn)* 1 1 Apple United States Computing & Electronics 2.4 2 2 Google United States Software & Internet 5.2 3 3 3M United States Industrials 1.6 4 7 Samsung South Korea Computing & Electronics 9.0 5 4 General Electric United States Industrials 4.6 6 5 Microsoft United States Computing & Electronics 9.0 7 9 Toyota Japan Automotive 9.9 8 8 Procter & Gamble United States Consumer 2.0 9 6 IBM United States Computing & Electronics 6.3 10 New - Amazon United States Software & Internet 2.9 * R&D spend data is based on the most recent full-year figures reported prior to July 1st.

2012 Top 20 R&D Spenders 2012 Rank 2011 Rank Company Geography Industry R&D Spend ($Bn)* 1 6 Toyota Japan Automotive 9.9 2 3 Novartis Switzerland Health 9.6 3 1 Roche Switzerland Health 9.4 4 2 Pfizer United States Health 9.1 5 4 Microsoft United States Software & Internet 9.0 6 7 Samsung South Korea Computing & Electronics 9.0 7 5 Merck United States Health 8.5 8 11 Intel United States Computing & Electronics 8.4 9 9 GM United States Automotive 8.1 10 8 Nokia Finland Computing & Electronics 7.8 11 14 Volkswagen Germany Automotive 7.7 12 10 Johnson & Johnson United States Health 7.5 13 16 Sanofi-Aventis France Health 6.7 14 12 Panasonic Japan Computing & Electronics 6.6 15 17 Honda Japan Automotive 6.6 16 13 GlaxoSmithKline United Kingdom Health 6.3 17 15 IBM United States Computing & Electronics 6.3 18 19 Cisco United States Computing & Electronics 5.8 19 26 Daimler Germany Automotive 5.8 20 18 AstraZeneca United Kingdom Health 5.5 * R&D spend data is based on the most recent full-year figures reported prior to July 1st.