Table 4-7
Top 20 R&D-spending corporations: 2001
 
  R&D rank     R&D (millions of dollars) Percent
change from
1999 to 2001
       
Corporation 2001 2000 1999   2001 2000 1999   Description NAICS
code
Ford Motor Company 1 1 1   7,400 6,800 7,100 4.2   Motor vehicle manufacturing 3361
General Motors 2 2 2   6,200 6,600 6,800 -8.8   Motor vehicle manufacturing 3361
Pfizer Inc. 3 4 8   4,847 4,435 2,776 74.6   Pharmaceutical and medicine
manufacturing
3254
International Business                      
Machines 4 5 4   4,620 4,336 4,464 3.5   Computer systems design
and related services
5415
Microsoft 5 8 7   4,379 3,775 2,970 47.4   Software publishers 5112
Motorola 6 3 5   4,318 4,437 3,438 25.6   Communications equipment
manufacturing
3342
Cisco Systems 7 11 20   3,922 2,704 1,594 146.0   Computer and peripheral
equipment manufacturing
3341
Intel 8 7 6   3,796 3,897 3,111 22.0   Semiconductor and other
electronic component
manufacturing
3344
Johnson & Johnson 9 9 9   3,591 2,926 2,600 38.1   Pharmaceutical and
medicine manufacturing
3254
Lucent Technologies 10 6 3   3,520 4,018 4,510 -22.0   Computer systems design
and related services
5415
Hewlett-Packard 11 12 10   2,635 2,646 2,440 8.0   Computer and peripheral 3341
                    equipment manufacturing  
Merck & Company 12 13 11   2,456 2,344 2,068 18.8   Pharmaceutical and medicine
manufacturing
3254
Bristol Myers Squibb 13 15 12   2,259 1,939 1,843 22.6   Pharmaceutical and medicine
manufacturing
3254
Lilly (Eli) and Company 14 14 13   2,235 2,019 1,784 25.3   Pharmaceutical and medicine
manufacturing
3254
Pharmacia 15 10 25   2,195 2,753 1,290 70.2   Pharmaceutical and medicine
manufacturing
3254
Sun Microsystems 16 22 26   2,016 1,630 1,263 59.7   Computer and peripheral
equipment manufacturing
3341
General Electric 17 17 17   1,980 1,867 1,667 18.8   Engine, turbine, and power
transmission equipment
manufacturing
3336a
Boeing 18 24 22   1,936 1,441 1,341 44.4   Aerospace product and parts
manufacturing
3364
Wyeth 19 21 14   1,870 1,688 1,740 7.5   Pharmaceutical and medicine
manufacturing
3254
Procter & Gamble 20 16 15   1,769 1,899 1,726 2.5   Soap, cleaning compound,
and toilet preparation
manufacturing
3256
 
NAICS North American Industry Classificaiton System

aGeneral Electric is classified in Compustat as a conglomerate (NAICS code 9999). For the purpose of this analysis, the industry classification of General Electric’s largest manufacturing business segment in 2001 in terms of sales was used.

SOURCE: Standard & Poor’s COMPUSTAT database (Englewood, CO, 2003).
 
Science & Engineering Indicators – 2004
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