5 Industries with the Most Innovative Companies

5 Industries with the Most Innovative Companies

Innovation is key to the success of any company, and some industries are leading the way. Tesla leads the automotive industry with electric and autonomous vehicles, while the tech industry is growing nonstop. The pharmaceutical industry is big business, spending $140 billion per year on R&D, and the healthcare industry develops new medical devices, processes, and treatments to help people live healthier lives. Biotechnology is highly innovative but faces negative public opinion on some applications. Start-up companies in these industries have innovation baked into their culture from the start, giving them a competitive edge.