International comparison of R&D investment by European, US and Japanese companies

Abstract

Looking across the rapidly developing world, it is even more crucial for companies to benchmark their R&D investment against best international practice in their sector and to understand the ways in which their R&D investment will affect future business performance. The globalisation of technology requires a global analysis involving companies all over the world. In this study, top R&D European, US and Japanese companies are analysed and compared using R&D investment scoreboard reports. The main objective consists of extracting clusters of companies with similar R&D policies and comparing the obtained clusters with the major developed economic areas. Results will characterise companies in accordance with different R&D profiles, highlighting some asymmetries in the three major economic areas analysed