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The 2018 edition of the EU Industrial R&D Investment Scoreboard (the Scoreboard) comprises the 2500 companies investing the largest sums in R&D in the world in 2017/18. These companies, based in 46 countries, each invested over €25 million in R&D for a total of €736. 4bn is approximately 90% of the world’s businessfunded R&D. They include 577 EU companies accounting for 27% of the total, 778 US companies for 37%, 339 Japanese companies for 14%, 438 Chinese for 10% and 368 from the rest-of-the-world (RoW) for 12%. report analyses the main changes in companies’ R&D and economic indicators over the past year and their performance over the past ten years. It also includes a patent-based analysis aimed at characterising further the innovation activity of the business sector in the 28 member states of the EU. Finally, the report comprises a 10-year analysis of the performance of Scoreboard companies based in Asian countries, examining in particular the role of foreign direct investment and related mergers and acquisitions.
Hector et al. (2018) studied this question.