It found that, for 2009 compared to 2008, the top publicly-listed chemical and energy sector spenders on R&D increased spend by just over 1% to $36.6bn. Healthcare, the second largest spending sector, after computing and electronics, also saw R&D spend slightly increase by $1.6bn to $113bn. Note, however, that revenues in this sector increased by 6%.
In contrast, innovation spending by the top automotive, computing/electronics and broad industrial companies was down sharply.
The top chemical industry spenders were:
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