Select your localized edition:

Close ×

More Ways to Connect

Discover one of our 28 local entrepreneurial communities »

Be the first to know as we launch in new countries and markets around the globe.

Interested in bringing MIT Technology Review to your local market?

MIT Technology ReviewMIT Technology Review - logo


Unsupported browser: Your browser does not meet modern web standards. See how it scores »

The Top 15: Automotive, computer, and pharmaceutical companies dominate the list of the companies with the highest R&D expenditures.
Company Country R&D 2003 ($Mil) R&D Percent change Absolute change in R&D ($Mil)
FORD MOTORUnited States$7,500 -3% ($200)
PFIZERUnited States$7,131 38% $1,955
DAIMLERCHRYSLERGermany$6,689 -8% ($600)
TOYOTA MOTORJapan$6,210 2% $97
SIEMENSGermany$6,084 -13% ($903)
GENERAL MOTORSUnited States$5,700 -2% ($100)
MATSUSHITA ELECTRICJapan$5,272 5% $257
IBMUnited States$5,068 7% $318
GLAXOSMITHKLINEUnited Kingdom$4,910 -4% ($192)
JOHNSON and JOHNSONUnited States$4,684 18% $727
SONYJapan$4,683 16% $649
MICROSOFTUnited States$4,659 8% $352
NOKIAFinland$4,514 23% $850
INTELUnited States$4,360 8% $326
VOLKSWAGENGermany$4,233 22% $762

0 comments about this story. Start the discussion »

Tagged: Computing, Business

Reprints and Permissions | Send feedback to the editor

From the Archives


Introducing MIT Technology Review Insider.

Already a Magazine subscriber?

You're automatically an Insider. It's easy to activate or upgrade your account.

Activate Your Account

Become an Insider

It's the new way to subscribe. Get even more of the tech news, research, and discoveries you crave.

Sign Up

Learn More

Find out why MIT Technology Review Insider is for you and explore your options.

Show Me