Top 10 Biggest Spenders on Innovation

To keep at the forefront of innovation, science, health and tech industries lead the pack in R&D spendingBy IBISWorld Industry Analyst Agata Kaczanowska  Though new technologies are used throughout the economy, they are first and foremost adapted in science-, health- and technology-related industries. These industries are generally highly competitive in terms of productquality and price and, therefore, depend on innovation. Most of these industries also have high market share concentration, merger and acquisition activity and employee wages. Driven by new and quickly changing product