How Innovation Really Works: Using the Trillion-Dollar R&D Fix to Drive Growth

APPENDIX

Now that we understand how important RQ is, it’s useful to see what high RQ looks like. The RQ50 are the publicly traded companies whose R&D investment creates the greatest value for their shareholders. To create the list in Table A-1, I compiled the set of all publicly held U.S. companies investing $100 million or more in R&D FY2015, ranked them according to their RQ, and took the top 50.

Note: the RQ50 portfolio discussed in Chapter 8 differs from this list in that it has no R&D spending threshold and it includes foreign firms that trade on the U.S. exchanges.

TABLE A-1.  Fiscal Year 2015 RQ50

The companies represent a broad swath ...