The most popular companies for researchers moving from academia to the private sector are predominantly technology firms, with Google leading by a significant margin. Between 2020 and 2024, Google attracted nearly 2,500 academic professionals. Other top names include Amazon, Meta, Microsoft, Apple, Intel, Samsung, NVIDIA, Huawei, and IBM. Despite their influence, business R&D spending growth has slowed since 2021, with only a 2.7% rise in 2023 among OECD nations. Additionally, the share of research versus development spending has progressively declined in the U.S. since the 1980s.
Google stands out as the most popular destination for academics transitioning to the private sector, with nearly 2,500 moves from academia between 2020 and 2024.
Top ten companies attracting academics include Google, Amazon, Meta, Microsoft, Apple, Intel, Samsung, NVIDIA, Huawei, and IBM, all notable technology firms.
The rate of growth in business R&D investment has been falling since 2021, registering only a 2.7% increase in 2023 among OECD countries.
In the U.S., the share of research expenditure has decreased to 20-21% of R&D spending, from 28% in 1985, indicating a shift in investment focus.
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