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U.S. import-competing and export industries spend at least three times the national average on industrial research and development and encourage more investments in skills and education than other sectors of the economy.
America's Census Bureau finds that even the most polluting industries spend no more than 2% of their revenues on abating pollution.
According to new evidence from business surveys compiled by the OECD, service industries spend far more on innovation than previously thought.
On average, these industries spend millions of dollars on everything from flights for actors and actresses, to food for crew teams, fuel for trailer generators and, of course, electricity for picture perfect light.
The big lesson for MBAs is if you came to business school to change industries, spend your first year taking classes, orient it toward the industry you think you might want to get into, and try to get a summer job that's going to help you break into that industry.
Which industries spend the most and least?
Similar(45)
In 2009, pharmaceutical industries spent US$900 billion on the activity evaluation of 400 different drugs.
That is more than either the real estate or the oil and gas industries spent.
The low-wage restaurant, retail, and food manufacturing industries spent 137%, 79%, and 58%, respectively.
"Our spending the $5bn or $6bn is a fraction of the total industry spend.
How could the industry spend 15 years failing to make even the most obvious reforms?
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com