Spending on research and development is one of the crucial factors in attaining the competitive edge for most of the big companies, particularly for the multinationals. Total R & D spending globally is projected to increase by 5.2 % to $ 1.4T in 2012. U.S share historically has been a little over 30% of the global spending in R&D. In 2005, the U.S and Canada were home to roughly 1050 of the world's 2500 biggest companies and it fell to 750 by 2010
Projected R&D spending for 2012 overall across the world.
U.S $ 436 B
EU $ 338 B
Asia $ 514 B
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