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  Microsoft, Siemens, IBM Lead R&D Spending
Time: 00:02 EST/05:02 GMT | News Source: PC World | Posted By: Kenneth van Surksum

Microsoft is getting more serious about investing in R&D, according to Booz Allen Hamilton's annual study of the world's largest corporate R&D spenders.

Microsoft ranked 7th on the list for 2006, up a notch from 2005. The company devoted US$6.58 billion to R&D in 2006, up 6.5 percent from the year before and representing 14.9 percent of 2006 sales. (More on Microsoft research efforts here.)

Toyota topped the list with $7.7 billion in R&D spending and Merck invested the most in R&D as a percentage of sales among the top 20 companies, at 21.1 percent.
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